KHC Technical Analysis - KRAFT HEINZ CO/THE

Technical Rating and Analysis

Overall KHC gets a technical rating of 0 out of 10. KHC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

87% of all other stocks performed better in the past year than KHC.

KHC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month KHC has a been trading in the 25.84 - 28.10 range, which is quite wide. It is currently trading near the lows of this range.

KHC has an average volume of 15189400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

KHC is an average performer in the Food Products industry, it outperforms 40% of 88 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

KRAFT HEINZ CO/THE / KHC Weekly stock chart

KRAFT HEINZ CO/THE / KHC Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, KHC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.68, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

25.35

32.04

We found 1 important support area.

A support zone ranging from 25.61 to 25.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

Resistance @26.30 from a horizontal line in the daily time frame.
A resistance zone ranging from 26.80 to 27.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 28.68 to 28.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @31.72 from a horizontal line in the daily time frame.

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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	DOWN	NEGATIVE	The long term trend for KHC is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for KHC is down.
ChartMill Relative Strength	13.99	NEGATIVE	KHC has a low relative strength, it was outperformed by 86.01% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of KHC is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of KHC is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of KHC is below a declining SMA(200).
Relative Strength Index/RSI (14)	39.03	NEUTRAL	The RSI value for KHC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.13	NEGATIVE	The MACD value suggests KHC has a negative trend.
Stochastics (14,3)	26.29	NEUTRAL	The Stochastics value for KHC is a neutral value.
Average True Range in percent/ATR (20)	2.39	MEDIUM VOLATILITY	The ATR as a percentage value for KHC suggests some volalility.
Average Directional Index/ADX (14)	18	NEGATIVE	The low ADX value for KHC suggests a weak or negative trend.