NAUTICUS ROBOTICS INC (KITT) Stock Technical Analysis
NASDAQ:KITT - Nasdaq - US63911H2076 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to KITT. KITT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
96% of all other stocks performed better in the past year than KITT.
KITT is one of the lesser performing stocks in the Machinery industry. 92% of 128 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.
KITT has an average volume of 1909070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month KITT has a been trading in the 0.88 - 1.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, KITT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.92, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.85
1.73
2 important support areas can be observed.
- A support zone ranging from 0.90 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.09 from a horizontal line in the daily time frame.
- Resistance @1.13 from a horizontal line in the daily time frame.
- Resistance @1.33 from a trend line in the weekly time frame.
- Resistance @1.71 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for KITT is neutral. |
| ChartMill Relative Strength | 4.38 | NEGATIVE | KITT has a low relative strength, it was outperformed by 95.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KITT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of KITT is above a declining 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) | 51.65 | NEUTRAL | The RSI value for KITT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests KITT has a positive trend. |
| Stochastics (14,3) | 53.02 | NEUTRAL | The Stochastics value for KITT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.49 | HIGH VOLATILITY | The high ATR as a percentage value for KITT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.07 | NEGATIVE | The low ADX value for KITT 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)
1
+0 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.2%
1 Week4.65%
2 Weeks3.41%
1 Month-2.91%
3 Month-5.66%
6 Month0.84%
12 Month-85.53%
2 Year-98.66%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%7.49%
ATR Inc-9.53%
Range Today0.07
ADR(20)0.07
ADR(20)%7.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.38
Mansfield-4.73
10 Day High1.08
10 Day Low0.88
20 Day High1.14
20 Day Low0.88
52 Week High7.18
52 Week Low0.82
CS1 End0.92
CR1 Start1
Volume & EV
DER(3)-15.06%
DER(5)-5.39%
Volume938.30K
Volume Incr40.15%
Vol(5)1.83M
Vol(50)1.91M