KODIAK GAS SERVICES INC (KGS) Stock Technical Analysis
NYSE:KGS - New York Stock Exchange, Inc. - US50012A1088 - Common Stock - Currency: USD
Overall KGS gets a technical rating of 2 out of 10. KGS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
KGS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
KGS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 75% of 63 stocks in the same industry.
When compared to the yearly performance of all other stocks, KGS outperforms 64% of them, which is more or less in line with the market.
KGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KGS is lagging the market.
Although the technical rating is bad, KGS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 34.13. Right above this resistance zone may be a good entry point.
More info and screens
29.92
37.38
When analyzing the support we can see 2 important areas.
- Support @33.72 from a trend line in the weekly time frame.
- A support zone ranging from 30.22 to 31.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 34.13 to 35.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.23 to 37.01. 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 | DOWN | NEGATIVE | The long term trend for KGS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KGS is down. |
| ChartMill Relative Strength | 64.99 | NEUTRAL | KGS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KGS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KGS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of KGS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.36 | NEUTRAL | The RSI value for KGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests KGS has a negative trend. |
| Stochastics (14,3) | 34.29 | NEUTRAL | The Stochastics value for KGS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for KGS suggests some volalility. |
| Average Directional Index/ADX (14) | 7.97 | NEGATIVE | The low ADX value for KGS suggests a weak or negative 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)
33.81
-0.21 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.62%
1 Week-1.49%
2 Weeks-1.86%
1 Month-6.14%
3 Month8.09%
6 Month-22.56%
12 Month24.99%
2 Year80.8%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.99
ATR(20)%3.12%
ATR Inc-1.8%
Range Today0.7
ADR(20)1.03
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.99
Mansfield-1.17
10 Day High35.08
10 Day Low33.17
20 Day High37.33
20 Day Low33.17
52 Week High50.43
52 Week Low24.84
CS1 End33.72
CR1 Start34.13
Volume & EV
DER(3)0.82%
DER(5)0.45%
Volume530.70K
Volume Incr60.44%
Vol(5)1.54M
Vol(50)986.27K