KINGSTONE COS INC (KINS) Stock Technical Analysis
NASDAQ:KINS - Nasdaq - US4967191051 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to KINS. Although KINS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month KINS has a been trading in the 14.33 - 15.97 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.
When comparing the yearly performance of all stocks, we notice that KINS is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by KINS over the past year are nicely spread over this period.
KINS is part of the Insurance industry. There are 145 other stocks in this industry. KINS outperforms 98% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
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. There is very little resistance above the current price. There is a support zone below the current price at 14.49, a Stop Loss order could be placed below this zone.
More info and screens
14.35
16.06
When analyzing the support we notice one important area.
- A support zone ranging from 14.49 to 14.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @14.84 from a trend line in the daily time frame.
- A resistance zone ranging from 15.66 to 15.90. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for KINS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KINS is down. |
| ChartMill Relative Strength | 96.4 | POSITIVE | KINS has a high relative strength, it outperformed 96.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KINS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KINS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of KINS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.81 | NEUTRAL | The RSI value for KINS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests KINS has a negative trend. |
| Stochastics (14,3) | 20.31 | NEUTRAL | The Stochastics value for KINS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for KINS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.72 | NEGATIVE | The low ADX value for KINS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
14.5
-0.29 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.96%
1 Week-7.35%
2 Weeks-6.39%
1 Month-3.78%
3 Month-12.65%
6 Month2.33%
12 Month199.59%
2 Year1171.93%
3 Year304.46%
5 Year168.52%
10 Year88.8%
15 Year535.97%
Volatility
ATR(14)0.63
ATR(20)%3.88%
ATR Inc-19.41%
Range Today0.47
ADR(20)0.55
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.4
Mansfield-0.23
10 Day High15.88
10 Day Low14.33
20 Day High15.97
20 Day Low14.33
52 Week High22.4
52 Week Low4.72
CS1 End14.49
CR1 Start14.84
Volume & EV
DER(3)-5.34%
DER(5)-4.15%
Volume242.60K
Volume Incr-19.07%
Vol(5)262.62K
Vol(50)371.42K