KINROSS GOLD CORP (KGC) Technical Analysis
NYSE:KGC • CA4969024047
Current stock price
KGC Technical Rating and Analysis
Taking everything into account, KGC scores 7 out of 10 in our technical rating. In the last year, KGC was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month KGC has a been trading in the 30.36 - 37.78 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that KGC is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by KGC over the past year are nicely spread over this period.
- KGC is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 157 stocks in the same industry.
- KGC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so KGC is performing more or less in line with the market.
- KGC has an average volume of 11774900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
KGC Weekly and Daily overview Charts
KGC Setup Rating and Analysis
Although KGC has an excellent technical rating, it does not offer a high quality setup 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
KGC Support and Resistance Analysis
20.88
When analyzing the support we can see 3 important areas.
- A support zone ranging from 30.56 to 30.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.61 from a trend line in the daily time frame.
- Support @21.09 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.58 to 30.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 32.79 to 33.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
KGC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for KGC is down. |
| ChartMill Relative Strength | 96.48 | POSITIVE | KGC has a high relative strength, it outperformed 96.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KGC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KGC is below 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) | 36.09 | NEUTRAL | The RSI value for KGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests KGC has a negative trend. |
| Stochastics (14,3) | 18.62 | OVERSOLD | The low Stochastics value suggests KGC may be oversold. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for KGC suggests high volalility. |
| Average Directional Index/ADX (14) | 22.71 | NEUTRAL | The ADX value for KGC suggests a possible start of a new trend. |
KGC Chart- and CandleStick Pattern Analysis
KGC Technicals: Chart, Performance Metrics, Trend & Indicators
30.57
-1.95 (-6%)
KINROSS GOLD CORP / KGC TA FAQ
Can you provide the ChartMill technical rating for KINROSS GOLD CORP?
ChartMill assigns a technical rating of 7 / 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 36.0928. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for KINROSS GOLD CORP?
The buy/sell signal for KINROSS GOLD CORP (KGC) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for KINROSS GOLD CORP?
KINROSS GOLD CORP (KGC) has a support level at 30.56 and a resistance level at 30.58. Check the full technical report for our detailed analysis of KGC support and resistance levels.