KINGSWAY FINANCIAL SERVICES (KFS)

US4969042021 - Common Stock

9.225  +0.11 (+1.15%)

Technical Rating and Analysis

6

Taking everything into account, KFS scores 6 out of 10 in our technical rating. KFS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
KFS 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.
In the last month KFS has a been trading in the 8.05 - 9.15 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, KFS outperforms 51% of them, which is more or less in line with the market.
KFS is part of the Insurance industry. There are 141 other stocks in this industry, KFS did better than 43% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
KFS Weekly chart
KFS Daily chart
Setup Rating and Analysis

8

KFS has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

6.63

9.44

5 important support areas can be observed.

  • A support zone ranging from 9.16 to 9.22. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 8.45 to 8.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 8.15 to 8.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @8.01 from a horizontal line in the daily time frame.
  • Support @6.70 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 9.35 to 9.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.96
Mansfield-0.03
10 Day High9.15
10 Day Low8.25
20 Day High9.15
20 Day Low8.05
52 Week High9.48
52 Week Low6.25
Performance
1 Week6.29%
2 Weeks5.68%
1 Month10.41%
3 Month3.4%
6 Month16.48%
12 Month6.17%
2 Year68.89%
3 Year83.13%
5 Year267.74%
10 Year44.53%
15 Year224.56%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)64.52
LBB8.32
UBB9.15
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
9.368.241.12 (11.97%)8.36%
An entry @9.36. This is a Buy Stop order right above the resistance zone.An exit @8.24. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.12 points, which is 11.97%.When investing 8.36% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
KFS Daily chart

KINGSWAY FINANCIAL SERVICES

NYSE:KFS (5/6/2024, 1:49:42 PM)

9.225

+0.11 (+1.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.15%
1 Week6.29%
2 Weeks5.68%
1 Month10.41%
3 Month3.4%
6 Month16.48%
12 Month6.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%3.24%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.15
10 Day Low8.25
20 Day High9.15
20 Day Low8.05
52 Week High9.48
52 Week Low6.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.62K
Volume Incr31.59%
Vol(5)40.26K
Vol(50)31.16K