KEYCORP (KEY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KEY - US4932671088 - Common Stock
Overall KEY gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KEY is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- KEY is part of the Banks industry. There are 383 other stocks in this industry. KEY outperforms 75% of them.
- KEY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- KEY 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.
- KEY has an average volume of 16282000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, KEY did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
KEY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.14, a Stop Loss order could be placed below this zone.
More info and screens
13.23
We found 5 important support areas.
- A support zone ranging from 20.98 to 21.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.64 from a horizontal line in the daily time frame.
- Support @18.58 from a trend line in the weekly time frame.
- Support @18.16 from a trend line in the daily time frame.
- Support @13.36 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @21.57 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for KEY is up. |
| ChartMill Relative Strength | 81.17 | POSITIVE | KEY has a high relative strength, it outperformed 81.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KEY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KEY is above 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) | 59.47 | NEUTRAL | The RSI value for KEY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests KEY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.56 | NEUTRAL | The Stochastics value for KEY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for KEY suggests low volalility. |
| Average Directional Index/ADX (14) | 43.8 | POSITIVE | The high ADX value value for KEY 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 |
|---|---|---|---|
| 21.58 | 20.97 | 0.61 (2.83%) | 25.00% |
| An entry @21.58. This is a Buy Stop order right above the resistance zone. | An exit @20.97. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.61 points, which is 2.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- 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.
21.17
-0.06 (-0.28%)
KEYCORP / KEY FAQ
Can you provide the ChartMill technical rating for KEYCORP?
ChartMill assigns a technical rating of 9 / 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 59.4672. 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 -0.109308, indicating a bearish trend.
What are the support and resistance levels for KEYCORP (KEY) stock?
KEYCORP (KEY) has a support level at 21.14 and a resistance level at 21.57. Check the full technical report for our detailed analysis of KEY support and resistance levels.