KIRBY CORP (KEX) Stock Technical Analysis
NYSE:KEX - New York Stock Exchange, Inc. - US4972661064 - Common Stock - Currency: USD
Overall KEX gets a technical rating of 8 out of 10. Although KEX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
KEX is part of the Marine Transportation industry. There are 32 other stocks in this industry. KEX outperforms 87% of them.
KEX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, KEX turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
KEX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KEX is lagging the market slightly.
Besides having an excellent technical rating, KEX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 113.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 112.81, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
90.80
129.58
4 important support areas can be observed.
- A support zone ranging from 110.83 to 112.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 106.49 to 107.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 104.14 to 104.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @91.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @113.34 from a horizontal line in the daily time frame.
- Resistance @128.30 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for KEX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KEX is up. |
| ChartMill Relative Strength | 55.63 | NEUTRAL | KEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KEX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.09 | NEUTRAL | The RSI value for KEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests KEX has a negative trend. |
| Stochastics (14,3) | 74.72 | NEUTRAL | The Stochastics value for KEX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for KEX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for KEX suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 113.35 | 110.82 | 2.53 (2.23%) | 25.00% |
| An entry @113.35. This is a Buy Stop order right above the resistance zone. | An exit @110.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.53 points, which is 2.23%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of KEX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
112.87
-0.34 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.3%
1 Week0.11%
2 Weeks1.29%
1 Month2.48%
3 Month11.39%
6 Month8.38%
12 Month-4.19%
2 Year46.68%
3 Year85.52%
5 Year110.74%
10 Year47.23%
15 Year195.09%
Volatility
ATR(14)2.21
ATR(20)%2.09%
ATR Inc-6.23%
Range Today2.48
ADR(20)2.22
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.63
Mansfield-0.37
10 Day High114.5
10 Day Low110.22
20 Day High114.5
20 Day Low105.05
52 Week High132.21
52 Week Low83.94
CS1 End112.81
CR1 Start113.34
Volume & EV
DER(3)-1.49%
DER(5)-0.16%
Volume453.80K
Volume Incr-15.48%
Vol(5)442.64K
Vol(50)520.01K