KID Technical Analysis - KID ASA

Technical Rating and Analysis

We assign a technical rating of 3 out of 10 to KID. Recently some decent action could be observed, but in the medium term time frame this is still negative. KID was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, KID is a bad performer in the overall market: 66% of all stocks are doing better.

KID 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 KID is lagging the market slightly.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

KID is part of the Specialty Retail industry. There are 53 other stocks in this industry, KID did better than 57% of them.

In the last month KID has a been trading in the 144.40 - 156.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of KID 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

125.73

160.60

3 important support areas can be observed.

A support zone ranging from 144.39 to 145.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @140.80 from a horizontal line in the daily time frame.
Support @127.00 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 149.33 to 151.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 155.40 to 159.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	NEUTRAL	NEUTRAL	The long term trend for KID.OL is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for KID.OL is neutral.
ChartMill Relative Strength	34.32	NEUTRAL	KID.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of KID.OL is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of KID.OL is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of KID.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)	47.41	NEUTRAL	The RSI value for KID.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.08	NEGATIVE	The MACD value suggests KID.OL has a negative trend.
Stochastics (14,3)	43.27	NEUTRAL	The Stochastics value for KID.OL is a neutral value.
Average True Range in percent/ATR (20)	1.77	LOW VOLATILITY	The low ATR as a percentage value for KID.OL suggests low volalility.
Average Directional Index/ADX (14)	18.57	NEGATIVE	The low ADX value for KID.OL suggests a weak or negative trend.