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.
- KINS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the performance of all stocks over the past year, KINS turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- KINS is an average performer in the Insurance industry, it outperforms 65% of 150 stocks in the same industry.
- 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.
- Considerably lower volume is observed in the last couple of days.
KINS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.77, a Stop Loss order could be placed below this zone.
More info and screens
13.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.64 to 15.77. 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.
- Support @14.08 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.95 to 16.24. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for KINS is neutral. |
| ChartMill Relative Strength | 45.4 | NEUTRAL | KINS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KINS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KINS is below 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) | 49.98 | NEUTRAL | The RSI value for KINS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests KINS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.37 | NEUTRAL | The Stochastics value for KINS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for KINS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for KINS suggests a weak or negative 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 |
|---|---|---|---|
| 16.25 | 15.63 | 0.62 (3.82%) | 25.00% |
| An entry @16.25. This is a Buy Stop order right above the resistance zone. | An exit @15.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.62 points, which is 3.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.95%. |
- The distance between exit and entry is rather small compared to the average daily movement of KINS. Please evaluate whether better entry and exit points can be found.
- 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.
15.9
+0.06 (+0.38%)
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 49.9821. 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 0.0173807, indicating a bearish trend.
What is the support and resistance level for KINS stock?
KINGSTONE COS INC (KINS) has a support level at 15.77 and a resistance level at 15.95. Check the full technical report for our detailed analysis of KINS support and resistance levels.