KINGSWAY FINANCIAL SERVICES (KFS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KFS - US4969042021 - Common Stock
Taking everything into account, KFS scores 3 out of 10 in our technical rating. Although KFS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, KFS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KFS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.62 to 12.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.29 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.81 to 12.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.14 from a trend line in the weekly time frame.
- Resistance @14.57 from a horizontal line in the daily time frame.
- Resistance @16.57 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 | DOWN | NEGATIVE | The long term trend for KFS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KFS is down. |
| ChartMill Relative Strength | 83.59 | POSITIVE | KFS has a high relative strength, it outperformed 83.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KFS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.4 | NEUTRAL | The RSI value for KFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests KFS has a positive trend. |
| Stochastics (14,3) | 44.37 | NEUTRAL | The Stochastics value for KFS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for KFS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.34 | POSITIVE | The high ADX value value for KFS suggests a strong trend. |
12.8
+0.15 (+1.19%)
KINGSWAY FINANCIAL SERVICES / KFS FAQ
What is the ChartMill technical rating of KINGSWAY FINANCIAL SERVICES (KFS) stock?
ChartMill assigns a technical rating of 3 / 10 to KFS.
What is the current trend direction of KINGSWAY FINANCIAL SERVICES (KFS) stock?
The current trend direction for KINGSWAY FINANCIAL SERVICES (KFS) is Bearish.
Can you provide the RSI signal for KINGSWAY FINANCIAL SERVICES?
KINGSWAY FINANCIAL SERVICES (KFS) has an RSI value of 47.3957. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KINGSWAY FINANCIAL SERVICES?
The short term momentum for KINGSWAY FINANCIAL SERVICES (KFS) is negative.
Can you provide the buy/sell signal for KINGSWAY FINANCIAL SERVICES?
The buy/sell signal for KINGSWAY FINANCIAL SERVICES (KFS) is sell as both the short term and long term trends are negative.