KRISPY KREME DOUGHNUTS INC (KKD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KKD - US5010141043
We assign a technical rating of 6 out of 10 to KKD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KKD is only an average performer.
Although the technical rating is only medium, KKD 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 20.97, a Stop Loss order could be placed below this zone.
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14.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.92 to 20.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.18 to 20.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.79 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.06 to 21.54. 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 | UP | POSITIVE | The long term trend for KKD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KKD is up. |
| ChartMill Relative Strength | 79.14 | POSITIVE | KKD has a high relative strength, it outperformed 79.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KKD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KKD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KKD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.43 | NEUTRAL | The RSI value for KKD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests KKD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 78.57 | NEUTRAL | The Stochastics value for KKD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for KKD suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.02 | 20.93 | 0.09 (0.43%) | 25.00% |
| An entry @21.02. This is a Buy Stop order right above the 10 day high. | An exit @20.93. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 0.43%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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KRISPY KREME DOUGHNUTS INC / KKD FAQ
What is the technical rating for KKD stock?
ChartMill assigns a technical rating of 6 / 10 to KKD.
Can you provide the trend direction for KRISPY KREME DOUGHNUTS INC?
The current trend direction for KRISPY KREME DOUGHNUTS INC (KKD) is Bullish.
Can you provide the RSI signal for KRISPY KREME DOUGHNUTS INC?
KRISPY KREME DOUGHNUTS INC (KKD) has an RSI value of 62.4272. This indicates that the stock is currently neutral.
What is the buy/sell signal for KKD stock?
The buy/sell signal for KRISPY KREME DOUGHNUTS INC (KKD) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for KRISPY KREME DOUGHNUTS INC (KKD) stock?
KRISPY KREME DOUGHNUTS INC (KKD) has a support level at 20.97 and a resistance level at 21.06. Check the full technical report for our detailed analysis of KKD support and resistance levels.