KIRBY CORP (KEX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
We assign a technical rating of 7 out of 10 to KEX. In the last year, KEX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
KEX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 112.67. Right above this resistance zone may be a good entry point.
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104.78
When analyzing the support we notice one important area.
- Support @105.84 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 112.67 to 113.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 76.45 | POSITIVE | KEX has a high relative strength, it outperformed 76.45% off all stocks 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) | UP | POSITIVE | The current price of KEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.22 | NEUTRAL | The RSI value for KEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests KEX has a negative trend. |
| Stochastics (14,3) | 68.1 | NEUTRAL | The Stochastics value for KEX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for KEX suggests some volalility. |
| Average Directional Index/ADX (14) | 43.63 | POSITIVE | The high ADX value value for KEX suggests a strong trend. |
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 |
|---|---|---|---|
| 113.08 | 110.48 | 2.60 (2.30%) | 25.00% |
| An entry @113.08. This is a Buy Stop order right above the resistance zone. | An exit @110.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.60 points, which is 2.30%. | 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.
112.09
-0.4 (-0.36%)
KIRBY CORP / KEX FAQ
What is the ChartMill technical rating of KIRBY CORP (KEX) stock?
ChartMill assigns a technical rating of 7 / 10 to KEX.
What is the trend direction for KEX stock?
The current trend direction for KIRBY CORP (KEX) is Bullish.
Can you provide the RSI signal for KIRBY CORP?
KIRBY CORP (KEX) has an RSI value of 64.2217. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KIRBY CORP?
The MACD indicator for KIRBY CORP (KEX) has a value of -0.67315, indicating a bearish trend.
Can you provide the buy/sell signal for KIRBY CORP?
The buy/sell signal for KIRBY CORP (KEX) is buy as both the short term and long term trends are positive.