KINGSWAY FINANCIAL SERVICES (KFS) Stock Technical Analysis
NYSE:KFS • US4969042021
Overall KFS gets a technical rating of 3 out of 10. 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.
- In the last month KFS has a been trading in the 11.96 - 13.78 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that KFS is one of the better performing stocks in the market, outperforming 84% of all stocks.
- KFS is part of the Insurance industry. There are 150 other stocks in this industry. KFS outperforms 95% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- KFS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KFS is lagging the market.
KFS has a poor technical rating and the quality of the setup is also 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.
More info and screens
11.67
When analyzing the support we notice one important area.
- A support zone ranging from 11.79 to 11.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 12.95 to 13.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.90 to 13.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.57 from a horizontal line in the daily time frame.
- Resistance @15.57 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for KFS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KFS is down. |
| ChartMill Relative Strength | 84.32 | POSITIVE | KFS has a high relative strength, it outperformed 84.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KFS is below a declining 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 | MIXED | The current price of KFS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.83 | NEUTRAL | The RSI value for KFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests KFS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.66 | NEUTRAL | The Stochastics value for KFS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for KFS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.32 | NEGATIVE | The low ADX value for KFS suggests a weak or negative trend. |
12.47
+0.11 (+0.89%)
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 trend direction for 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 41.8254. This indicates that the stock is currently neutral.
What is the short term momentum for KINGSWAY FINANCIAL SERVICES (KFS) stock?
The short term momentum for KINGSWAY FINANCIAL SERVICES (KFS) is negative.