KINROSS GOLD CORP (KGC) Stock Technical Analysis
NYSE:KGC - New York Stock Exchange, Inc. - CA4969024047 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to KGC. 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. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 13.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KGC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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11.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.37 to 13.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.03 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 | UP | POSITIVE | The long term trend for KGC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KGC is up. |
| ChartMill Relative Strength | 96.47 | POSITIVE | KGC has a high relative strength, it outperformed 96.47% 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) | 56.18 | NEUTRAL | The RSI value for KGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests KGC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.93 | NEUTRAL | The Stochastics value for KGC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for KGC suggests some volalility. |
| Average Directional Index/ADX (14) | 19 | NEGATIVE | The low ADX value for KGC suggests a weak or negative 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 |
|---|---|---|---|
| 15.56 | 13.36 | 2.20 (14.14%) | 7.07% |
| An entry @15.56. This is a Buy Stop order right above the 10 day high. | An exit @13.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.20 points, which is 14.14%. | For a 1.00% total portfolio risk, you can invest 7.07% of your capital in this trade. |
- 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.
NYSE:KGC (5/22/2025, 10:18:10 AM)
14.4099
-0.23 (-1.57%)