KIRBY CORP (KEX) Stock Technical Analysis
NYSE:KEX - New York Stock Exchange, Inc. - US4972661064 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to KEX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KEX is only an average performer.
The long and short term trends are both positive. This is looking good!
KEX is one of the better performing stocks in the Marine Transportation industry, it outperforms 80% of 36 stocks in the same industry.
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 62% of all stocks.
KEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KEX is lagging the market.
In the last month KEX has a been trading in a tight range between 112.83 and 118.70.
Besides having an excellent technical rating, KEX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 117.39, a Stop Loss order could be placed below this zone.
More info and screens
91.95
129.58
5 important support areas can be observed.
- A support zone ranging from 115.84 to 117.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 112.31 to 113.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @106.49 from a horizontal line in the daily time frame.
- Support @104.14 from a horizontal line in the daily time frame.
- Support @92.88 from a trend line in the weekly time frame.
We found 1 important resistance area.
- 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 | 62.86 | 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) | 61.51 | NEUTRAL | The RSI value for KEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests KEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.82 | NEUTRAL | The Stochastics value for KEX is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for KEX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.8 | NEGATIVE | The low ADX value for KEX suggests a weak or negative 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 |
|---|---|---|---|
| 118.55 | 115.83 | 2.72 (2.29%) | 25.00% |
| An entry @118.55. This is a Buy Stop order right above the 10 day high. | An exit @115.83. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.72 points, which is 2.29%. | For a 0.57% 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.
118.48
+2.49 (+2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg2.15%
1 Week2.28%
2 Weeks1.29%
1 Month3.29%
3 Month22.42%
6 Month8.61%
12 Month-0.8%
2 Year45.41%
3 Year86.76%
5 Year156.23%
10 Year63.62%
15 Year208.22%
Volatility
ATR(14)2.36
ATR(20)%2%
ATR Inc-16.82%
Range Today2.44
ADR(20)2.32
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
CRS62.86
Mansfield-0.36
10 Day High118.54
10 Day Low112.83
20 Day High118.7
20 Day Low112.83
52 Week High132.21
52 Week Low83.94
CS1 End117.39
CR1 Start128.3
Volume & EV
DER(3)-3.03%
DER(5)-2.21%
Volume360.30K
Volume Incr-30.73%
Vol(5)380.22K
Vol(50)511.35K