KINGFISHER PLC (KGF.L)

GB0033195214 - Common Stock

263.5  -1.5 (-0.57%)

Technical Rating and Analysis

8

Overall KGF gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KGF is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
KGF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KGF is lagging the market slightly.
In the last month KGF has a been trading in the 243.80 - 272.05 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
KGF has an average volume of 2709060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, KGF outperforms 64% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
KGF Weekly chart
KGF Daily chart
Setup Rating and Analysis

8

KGF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 262.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KGF in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

201.76

271.70

5 important support areas can be observed.

  • A support zone ranging from 256.62 to 262.52. 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 242.60 to 250.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 225.60 to 230.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @214.50 from a horizontal line in the daily time frame.
  • Support @203.80 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @263.51 from a horizontal line in the weekly time frame.
  • Resistance @269.01 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.34
Mansfield0.07
10 Day High266.65
10 Day Low255.5
20 Day High272.05
20 Day Low243.8
52 Week High272.05
52 Week Low198.35
Performance
1 Week1.88%
2 Weeks0.84%
1 Month5.95%
3 Month13.33%
6 Month16.59%
12 Month10.57%
2 Year0.57%
3 Year-26.93%
5 Year23.19%
10 Year-32.78%
15 Year48.95%
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)
Technical Indicators
MACD(12,26,9)-0.55
RSI(14)57.74
LBB257.78
UBB269.22
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
263.52256.616.91 (2.62%)25.00%
An entry @263.52. This is a Buy Stop order right above the resistance zone.An exit @256.61. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 6.91 points, which is 2.62%.For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of KGF. Please evaluate whether better entry and exit points can be found.
  • 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.
KGF Daily chart

KINGFISHER PLC

LON:KGF (5/31/2024, 5:29:48 PM)

263.5

-1.5 (-0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.57%
1 Week1.88%
2 Weeks0.84%
1 Month5.95%
3 Month13.33%
6 Month16.59%
12 Month10.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.79
ATR(20)%2.18%
ATR Inc
Range Today3.65
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High266.65
10 Day Low255.5
20 Day High272.05
20 Day Low243.8
52 Week High272.05
52 Week Low198.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.61M
Volume Incr-52.42%
Vol(5)1.47M
Vol(50)2.71M