KELSO TECHNOLOGIES INC (KIQ) Stock Technical Analysis
NYSEARCA:KIQ - NYSE Arca - CA48826D2014 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to KIQ. KIQ'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.
Although the technical rating is bad, KIQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KIQ 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.
More info and screens
0.13
We found 1 important support area.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.19 from a trend line 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 KIQ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KIQ is neutral. |
| ChartMill Relative Strength | 9.78 | NEGATIVE | KIQ has a low relative strength, it was outperformed by 90.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KIQ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KIQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KIQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.88 | NEUTRAL | The RSI value for KIQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests KIQ has a positive trend. |
| Stochastics (14,3) | 80.4 | OVERBOUGHT | The high Stochastics value suggests KIQ may be overbought. |
| Average True Range in percent/ATR (20) | 11.45 | HIGH VOLATILITY | The high ATR as a percentage value for KIQ suggests high volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for KIQ suggests a weak or negative trend. |
0.1401
+0.01 (+3.85%)