KODIAK GAS SERVICES INC (KGS) Stock Technical Analysis
NYSE:KGS • US50012A1088
We assign a technical rating of 9 out of 10 to KGS. Both in the recent history as in the last year, KGS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- KGS 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 KGS is lagging the market slightly.
- In the last month KGS has a been trading in the 36.35 - 52.70 range, which is quite wide. It is currently trading near the high of this range.
- KGS has an average volume of 1582670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that KGS is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- KGS is an average performer in the Energy Equipment & Services industry, it outperforms 59% of 60 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
Although KGS 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
30.97
We found 5 important support areas.
- Support @37.90 from a trend line in the daily time frame.
- Support @37.00 from a horizontal line in the daily time frame.
- A support zone ranging from 34.26 to 34.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.99 to 33.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.28 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @50.29 from a horizontal 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 KGS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KGS is up. |
| ChartMill Relative Strength | 86.44 | POSITIVE | KGS has a high relative strength, it outperformed 86.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KGS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.19 | OVERBOUGHT | The high RSI value suggests KGS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.76 | POSITIVE | The MACD value suggests KGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.63 | OVERBOUGHT | The high Stochastics value suggests KGS may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for KGS suggests some volalility. |
| Average Directional Index/ADX (14) | 49.55 | POSITIVE | The high ADX value value for KGS suggests a strong trend. |
50.28
+0.04 (+0.08%)
KODIAK GAS SERVICES INC / KGS FAQ
What is the technical rating for KGS stock?
ChartMill assigns a technical rating of 9 / 10 to KGS.
Can you provide the trend direction for KODIAK GAS SERVICES INC?
The current trend direction for KODIAK GAS SERVICES INC (KGS) is Bullish.
What is the RSI signal for KODIAK GAS SERVICES INC (KGS) stock?
KODIAK GAS SERVICES INC (KGS) has an RSI value of 76.1918. This indicates that the stock is currently overbought.
Can you provide the short term momentum for KODIAK GAS SERVICES INC?
The short term momentum for KODIAK GAS SERVICES INC (KGS) is positive.
Can you provide the support and resistance levels for KODIAK GAS SERVICES INC?
KODIAK GAS SERVICES INC (KGS) has a support level at 37.9 and a resistance level at 50.29. Check the full technical report for our detailed analysis of KGS support and resistance levels.