KRAFT HEINZ CO/THE (KHC) Technical Analysis
NASDAQ:KHC • US5007541064
We assign a technical rating of 0 out of 10 to KHC. 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.
- 81% 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. The S&P500 Index is trading in the upper part of its 52 week range, so KHC is lagging the market.
- In the last month KHC has a been trading in the 22.27 - 25.02 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.
- KHC has an average volume of 16707800 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 47% of 88 stocks in the same industry.
The technical rating of KHC is bad and it also does not present a 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
22.35
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.77 to 24.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.68 to 25.71. This zone is formed by a combination of multiple trend lines in the daily 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 | 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 | 19.09 | NEGATIVE | KHC has a low relative strength, it was outperformed by 80.91% 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) | 34.46 | NEUTRAL | The RSI value for KHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests KHC has a negative trend. |
| Stochastics (14,3) | 7.1 | OVERSOLD | The low Stochastics value suggests KHC may be oversold. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for KHC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.91 | NEGATIVE | The low ADX value for KHC suggests a weak or negative trend. |
KHC Technicals: Chart, Performance Metrics, Trend & Indicators
22.58
+0.25 (+1.12%)
KRAFT HEINZ CO/THE / KHC FAQ
What is the ChartMill technical rating of KRAFT HEINZ CO/THE (KHC) stock?
ChartMill assigns a technical rating of 0 / 10 to KHC.
What is the current trend direction of KRAFT HEINZ CO/THE (KHC) stock?
The current trend direction for KRAFT HEINZ CO/THE (KHC) is Bearish.
What is the RSI signal for KHC stock?
KRAFT HEINZ CO/THE (KHC) has an RSI value of 34.4605. This indicates that the stock is currently neutral.
What is the short term momentum for KRAFT HEINZ CO/THE (KHC) stock?
The short term momentum for KRAFT HEINZ CO/THE (KHC) is negative.
What is the buy/sell signal for KRAFT HEINZ CO/THE (KHC) stock?
The buy/sell signal for KRAFT HEINZ CO/THE (KHC) is sell as both the short term and long term trends are negative.