USA - NYSE:KFRC - US4937321010 - Common Stock
We assign a technical rating of 1 out of 10 to KFRC. KFRC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, KFRC does present a nice setup opportunity. 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 29.71. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for KFRC in the last couple of days, which is a good sign.
27.90
When analyzing the resistance we notice 5 important areas.
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 | DOWN | NEGATIVE | The long term trend for KFRC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KFRC is down. |
| ChartMill Relative Strength | 10.83 | NEGATIVE | KFRC has a low relative strength, it was outperformed by 89.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KFRC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KFRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KFRC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.48 | NEUTRAL | The RSI value for KFRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests KFRC has a negative trend. |
| Stochastics (14,3) | 37.22 | NEUTRAL | The Stochastics value for KFRC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.72 | HIGH VOLATILITY | The high ATR as a percentage value for KFRC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for KFRC suggests a strong trend. |
28.18
+0.22 (+0.79%)
ChartMill assigns a technical rating of 1 / 10 to KFRC.
The current trend direction for KFORCE INC (KFRC) is Bearish.
KFORCE INC (KFRC) has an RSI value of 45.4781. This indicates that the stock is currently neutral.
The short term momentum for KFORCE INC (KFRC) is negative.
The buy/sell signal for KFORCE INC (KFRC) is sell as both the short term and long term trends are negative.