KINROSS GOLD CORP (KGC) Stock Technical Analysis
NYSE:KGC - New York Stock Exchange, Inc. - CA4969024047 - Common Stock - Currency: USD
Overall KGC gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, KGC did better than 96% of all other stocks. On top of that, KGC also shows a nice and consistent pattern of rising prices.
KGC is part of the Metals & Mining industry. There are 155 other stocks in this industry. KGC outperforms 87% of them.
KGC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so KGC is leading the market.
In the last month KGC has a been trading in the 13.34 - 15.96 range, which is quite wide. It is currently trading near the high of this range.
KGC has an average volume of 22330800 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, the quality of the presented setup is not ideal 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
12.37
15.96
We found 5 important support areas.
- A support zone ranging from 14.90 to 14.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.40 to 14.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.70 from a horizontal line in the weekly time frame.
- Support @13.48 from a horizontal line in the daily time frame.
- A support zone ranging from 12.49 to 12.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.80 to 15.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 96.61 | POSITIVE | KGC has a high relative strength, it outperformed 96.61% 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) | 62.8 | NEUTRAL | The RSI value for KGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KGC has a positive trend. |
| Stochastics (14,3) | 73.26 | NEUTRAL | The Stochastics value for KGC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for KGC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.37 | NEUTRAL | The ADX value for KGC suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 15.81 | 14.89 | 0.92 (5.82%) | 17.18% |
| An entry @15.81. This is a Buy Stop order right above the resistance zone. | An exit @14.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.92 points, which is 5.82%. | For a 1.00% total portfolio risk, you can invest 17.18% 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.
15.79
+0.26 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.67%
1 Week4.64%
2 Weeks7.05%
1 Month14.84%
3 Month35.77%
6 Month61.62%
12 Month113.09%
2 Year231.03%
3 Year341.06%
5 Year118.7%
10 Year580.6%
15 Year-7.61%
Volatility
ATR(14)0.46
ATR(20)%2.75%
ATR Inc-10.5%
Range Today0.32
ADR(20)0.39
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.61
Mansfield3.95
10 Day High15.96
10 Day Low14.71
20 Day High15.96
20 Day Low13.34
52 Week High15.96
52 Week Low7.2
CS1 End14.91
CR1 Start15.8
Volume & EV
DER(3)5.83%
DER(5)4.71%
Volume21.36M
Volume Incr-2.08%
Vol(5)21.32M
Vol(50)22.33M