KINROSS GOLD CORP (KGC) Stock Technical Analysis
USA - NYSE:KGC - CA4969024047 - Common Stock
23.49 USD
+1.23 (+5.53%)
23.55 USD
+0.06 (+0.26%)
We assign a technical rating of 10 out of 10 to KGC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KGC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that KGC is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, KGC also shows a nice and consistent pattern of rising prices.
KGC is one of the better performing stocks in the Metals & Mining industry, it outperforms 84% of 156 stocks in the same industry.
KGC 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 KGC has a been trading in the 19.19 - 23.65 range, which is quite wide. It is currently trading near the high of this range.
KGC has an average volume of 17610800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although KGC has an excellent technical rating, it does not present a decent entry opportunity 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
14.05
23.72
We found 5 important support areas.
- Support @22.26 from a horizontal line in the daily time frame.
- Support @17.21 from a trend line in the daily time frame.
- Support @16.80 from a trend line in the weekly time frame.
- Support @16.32 from a trend line in the daily time frame.
- Support @14.19 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 | UP | POSITIVE | The short term trend for KGC is up. |
| ChartMill Relative Strength | 95.85 | POSITIVE | KGC has a high relative strength, it outperformed 95.85% 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) | 72.71 | OVERBOUGHT | The high RSI value suggests KGC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests KGC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.64 | NEUTRAL | The Stochastics value for KGC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for KGC suggests some volalility. |
| Average Directional Index/ADX (14) | 52.52 | POSITIVE | The high ADX value value for KGC suggests a strong trend. |
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)
23.49
+1.23 (+5.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.53%
1 Week0.9%
2 Weeks6.24%
1 Month20.4%
3 Month51.74%
6 Month93.17%
12 Month145.71%
2 Year415.13%
3 Year524.73%
5 Year166.33%
10 Year1265.7%
15 Year25.01%
Volatility
ATR(14)0.63
ATR(20)%2.48%
ATR Inc65.61%
Range Today1.23
ADR(20)0.54
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.85
Mansfield5.79
10 Day High23.65
10 Day Low21.94
20 Day High23.65
20 Day Low19.19
52 Week High23.65
52 Week Low8.99
CS1 End22.26
CR1 StartN/A
Volume & EV
DER(3)0.54%
DER(5)0.67%
Volume29.88M
Volume Incr0.78%
Vol(5)16.63M
Vol(50)17.61M