KINGSTONE COS INC (KINS) Stock Technical Analysis
NASDAQ:KINS • US4967191051
Taking everything into account, KINS scores 6 out of 10 in our technical rating. Although KINS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- When compared to the yearly performance of all other stocks, KINS outperforms 40% of them, which is more or less in line with the market.
- KINS is an average performer in the Insurance industry, it outperforms 62% of 149 stocks in the same industry.
- KINS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KINS is lagging the market.
- In the last month KINS has a been trading in the 14.83 - 17.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KINS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KINS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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13.94
3 important support areas can be observed.
- A support zone ranging from 15.55 to 16.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.77 to 15.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.08 to 14.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @16.59 from a trend line in the daily time frame.
- A resistance zone ranging from 17.31 to 17.47. 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 | UP | POSITIVE | The long term trend for KINS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KINS is up. |
| ChartMill Relative Strength | 40.3 | NEUTRAL | KINS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KINS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KINS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KINS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.26 | NEUTRAL | The RSI value for KINS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests KINS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.63 | NEUTRAL | The Stochastics value for KINS is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for KINS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.3 | NEUTRAL | The ADX value for KINS suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.60 | 15.54 | 1.06 (6.39%) | 15.66% |
| An entry @16.60. This is a Buy Stop order right above the resistance zone. | An exit @15.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.06 points, which is 6.39%. | For a 1.00% total portfolio risk, you can invest 15.66% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
16.09
-0.15 (-0.92%)
KINGSTONE COS INC / KINS FAQ
What is the ChartMill technical rating of KINGSTONE COS INC (KINS) stock?
ChartMill assigns a technical rating of 6 / 10 to KINS.
Can you provide the trend direction for KINGSTONE COS INC?
The current trend direction for KINGSTONE COS INC (KINS) is Bullish.
Can you provide the RSI signal for KINGSTONE COS INC?
KINGSTONE COS INC (KINS) has an RSI value of 52.263. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KINGSTONE COS INC?
The MACD indicator for KINGSTONE COS INC (KINS) has a value of 0.085781, indicating a bearish trend.
What is the support and resistance level for KINS stock?
KINGSTONE COS INC (KINS) has a support level at 16.06 and a resistance level at 16.59. Check the full technical report for our detailed analysis of KINS support and resistance levels.