KEYCORP (KEY) Stock Technical Analysis
NYSE:KEY • US4932671088
We assign a technical rating of 6 out of 10 to KEY. In the last year, KEY was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month KEY has a been trading in the 20.60 - 23.34 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- KEY is one of the better performing stocks in the Banks industry, it outperforms 75% of 379 stocks in the same industry.
- KEY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KEY is lagging the market slightly.
- KEY has an average volume of 15473500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that KEY is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Volume is considerably higher in the last couple of days.
KEY has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.23
We found 4 important support areas.
- A support zone ranging from 20.99 to 20.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.33 from a trend line in the weekly time frame.
- Support @17.79 from a trend line in the daily time frame.
- Support @13.36 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 KEY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KEY is neutral. |
| ChartMill Relative Strength | 76.05 | POSITIVE | KEY has a high relative strength, it outperformed 76.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KEY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KEY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KEY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.03 | NEUTRAL | The RSI value for KEY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests KEY has a negative trend. |
| Stochastics (14,3) | 20.86 | NEUTRAL | The Stochastics value for KEY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for KEY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for KEY suggests a weak or negative 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 |
|---|---|---|---|
| 21.87 | 20.98 | 0.89 (4.06%) | 24.65% |
| An entry @21.87. This is a Buy Stop order right above the 10 day moving average. | An exit @20.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.89 points, which is 4.06%. | For a 1.00% total portfolio risk, you can invest 24.65% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of KEY. 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.
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-0.01 (-0.05%)
KEYCORP / KEY FAQ
Can you provide the ChartMill technical rating for KEYCORP?
ChartMill assigns a technical rating of 6 / 10 to KEY.
What is the current trend direction of KEYCORP (KEY) stock?
The current trend direction for KEYCORP (KEY) is Bullish.
What is the RSI signal for KEY stock?
KEYCORP (KEY) has an RSI value of 41.0336. This indicates that the stock is currently neutral.
What is the MACD signal for KEY stock?
The MACD indicator for KEYCORP (KEY) has a value of -0.202197, indicating a bearish trend.
What are the support and resistance levels for KEYCORP (KEY) stock?
KEYCORP (KEY) has a support level at 20.99. Check the full technical report for our detailed analysis of KEY support and resistance levels.