NAUTICUS ROBOTICS INC (KITT) Stock Technical Analysis
NASDAQ:KITT • US63911H3066
Taking everything into account, KITT scores 1 out of 10 in our technical rating. KITT'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than KITT.
- KITT is one of the lesser performing stocks in the Machinery industry. 90% of 132 stocks in the same industry do better.
- KITT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month KITT has a been trading in the 0.80 - 1.42 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.
- KITT has an average volume of 11224900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, KITT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.81
2 important resistance areas can be observed.
- A resistance zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.29 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 KITT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KITT is down. |
| ChartMill Relative Strength | 2.8 | NEGATIVE | KITT has a low relative strength, it was outperformed by 97.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KITT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KITT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KITT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.55 | NEUTRAL | The RSI value for KITT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests KITT has a negative trend. |
| Stochastics (14,3) | 8.23 | OVERSOLD | The low Stochastics value suggests KITT may be oversold. |
| Average True Range in percent/ATR (20) | 18.25 | HIGH VOLATILITY | The high ATR as a percentage value for KITT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.53 | NEGATIVE | The low ADX value for KITT suggests a weak or negative trend. |
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-0.06 (-6.8%)
NAUTICUS ROBOTICS INC / KITT FAQ
Can you provide the ChartMill technical rating for NAUTICUS ROBOTICS INC?
ChartMill assigns a technical rating of 1 / 10 to KITT.
What is the trend direction for KITT stock?
The current trend direction for NAUTICUS ROBOTICS INC (KITT) is Bearish.
Can you provide the RSI signal for NAUTICUS ROBOTICS INC?
NAUTICUS ROBOTICS INC (KITT) has an RSI value of 41.5533. This indicates that the stock is currently neutral.
What is the MACD signal for KITT stock?
The MACD indicator for NAUTICUS ROBOTICS INC (KITT) has a value of -0.0230137, indicating a bearish trend.
What is the short term momentum for NAUTICUS ROBOTICS INC (KITT) stock?
The short term momentum for NAUTICUS ROBOTICS INC (KITT) is negative.