KIRBY CORP (KEX) Stock Technical Analysis
NYSE:KEX - New York Stock Exchange, Inc. - US4972661064 - Common Stock - Currency: USD
Taking everything into account, KEX scores 8 out of 10 in our technical rating. 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 36 other stocks in this industry. KEX outperforms 80% of them.
In the last month KEX has a been trading in the 111.89 - 118.70 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, KEX outperforms 55% of them, which is more or less in line with the market.
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.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 114.98, 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
91.95
129.58
We found 4 important support areas.
- A support zone ranging from 111.81 to 114.98. 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 115.15 to 117.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 55.75 | NEUTRAL | KEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KEX is below 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) | 52.1 | NEUTRAL | The RSI value for KEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests KEX has a negative trend. |
| Stochastics (14,3) | 46.39 | 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) | 14.62 | 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 |
|---|---|---|---|
| 117.40 | 112.82 | 4.58 (3.90%) | 25.00% |
| An entry @117.40. This is a Buy Stop order right above the resistance zone. | An exit @112.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.58 points, which is 3.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- 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.
114.99
-0.84 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.73%
1 Week-0.14%
2 Weeks-1.79%
1 Month0.81%
3 Month18.82%
6 Month5.41%
12 Month-3.73%
2 Year41.13%
3 Year81.26%
5 Year148.68%
10 Year58.8%
15 Year199.14%
Volatility
ATR(14)2.42
ATR(20)%2.09%
ATR Inc-25.14%
Range Today1.86
ADR(20)2.38
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.75
Mansfield-0.52
10 Day High118.7
10 Day Low112.83
20 Day High118.7
20 Day Low111.89
52 Week High132.21
52 Week Low83.94
CS1 End114.98
CR1 Start115.15
Volume & EV
DER(3)-0.85%
DER(5)-0.54%
Volume327.22K
Volume Incr3.16%
Vol(5)544.84K
Vol(50)515.07K