KINROSS GOLD CORP (KGC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
Taking everything into account, KGC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, KGC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, KGC also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 26.81, a Stop Loss order could be placed below this zone.
More info and screens
19.18
5 important support areas can be observed.
- A support zone ranging from 26.23 to 26.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.26 from a trend line in the daily time frame.
- Support @24.22 from a horizontal line in the daily time frame.
- Support @22.26 from a horizontal line in the daily time frame.
- Support @19.37 from a trend line in the weekly 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 KGC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KGC is neutral. |
| ChartMill Relative Strength | 97.83 | POSITIVE | KGC has a high relative strength, it outperformed 97.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KGC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KGC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KGC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.17 | NEUTRAL | The RSI value for KGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests KGC has a negative trend. |
| Stochastics (14,3) | 45.78 | NEUTRAL | The Stochastics value for KGC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for KGC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for KGC suggests a possible start of a new 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 |
|---|---|---|---|
| 28.77 | 27.24 | 1.53 (5.33%) | 18.77% |
| An entry @28.77. This is a Buy Stop order right above the 10 day moving average. | An exit @27.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.53 points, which is 5.33%. | When investing 18.77% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of KGC. 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.
28.3
+0.14 (+0.5%)
KINROSS GOLD CORP / KGC FAQ
Can you provide the ChartMill technical rating for KINROSS GOLD CORP?
ChartMill assigns a technical rating of 10 / 10 to KGC.
What is the current trend direction of KINROSS GOLD CORP (KGC) stock?
The current trend direction for KINROSS GOLD CORP (KGC) is Bullish.
What is the RSI signal for KINROSS GOLD CORP (KGC) stock?
KINROSS GOLD CORP (KGC) has an RSI value of 54.1742. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for KINROSS GOLD CORP?
KINROSS GOLD CORP (KGC) has a support level at 26.81. Check the full technical report for our detailed analysis of KGC support and resistance levels.