KINROSS GOLD CORP (KGC) Stock Technical Analysis
NYSE:KGC - CA4969024047 - Common Stock
20.21 USD
-0.02 (-0.1%)
20.16 USD
-0.05 (-0.25%)
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.
Both the short term and long term trends are positive. This is a very positive sign.
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. We also observe that the gains produced by KGC over the past year are nicely spread over this period.
KGC is part of the Metals & Mining industry. There are 155 other stocks in this industry. KGC outperforms 85% of them.
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 15.78 - 20.26 range, which is quite wide. It is currently trading near the high of this range.
KGC has an average volume of 17935300 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
13.72
20.41
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.11 to 20.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.70 to 18.81. 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 16.28 to 16.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.19 from a horizontal line in the daily time frame.
- Support @13.86 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 | 95.51 | POSITIVE | KGC has a high relative strength, it outperformed 95.51% 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) | 72.84 | OVERBOUGHT | The high RSI value suggests KGC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests KGC has a positive trend. |
| Stochastics (14,3) | 96.61 | OVERBOUGHT | The high Stochastics value suggests KGC may be overbought. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for KGC suggests some volalility. |
| Average Directional Index/ADX (14) | 35.01 | 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)
20.21
-0.02 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.1%
1 Week5.92%
2 Weeks6.09%
1 Month31.06%
3 Month37.02%
6 Month88.53%
12 Month123.56%
2 Year298.62%
3 Year516.16%
5 Year127.59%
10 Year1029.05%
15 Year19.44%
Volatility
ATR(14)0.5
ATR(20)%2.92%
ATR Inc-10.03%
Range Today0.37
ADR(20)0.55
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.51
Mansfield4.65
10 Day High20.26
10 Day Low18.65
20 Day High20.26
20 Day Low15.78
52 Week High20.26
52 Week Low8.31
CS1 End20.2
CR1 StartN/A
Volume & EV
DER(3)5.56%
DER(5)5.88%
Volume12.18M
Volume Incr-29.87%
Vol(5)13.89M
Vol(50)17.94M