USA - NYSEARCA:KIQ - CA48826D2014 - Common Stock
We assign a technical rating of 0 out of 10 to KIQ. KIQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, KIQ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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.
0.13
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
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%)
ChartMill assigns a technical rating of 0 / 10 to KIQ.
The current trend direction for KELSO TECHNOLOGIES INC (KIQ) is Bearish.
KELSO TECHNOLOGIES INC (KIQ) has an RSI value of 51.8774. This indicates that the stock is currently neutral.
The MACD indicator for KELSO TECHNOLOGIES INC (KIQ) has a value of 0.00274194, indicating a bearish trend.
The short term momentum for KELSO TECHNOLOGIES INC (KIQ) is neutral.