KKR & CO INC (KKR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KKR - US48251W1045 - Common Stock
We assign a technical rating of 1 out of 10 to KKR. KKR 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, KKR 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 122.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 122.18, a Stop Loss order could be placed below this zone.
More info and screens
91.69
We found 4 important support areas.
- Support @122.18 from a horizontal line in the daily time frame.
- A support zone ranging from 117.60 to 118.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 113.65 to 115.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @92.62 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 122.32 to 125.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @143.42 from a trend line in the weekly time frame.
- Resistance @152.16 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 KKR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KKR is neutral. |
| ChartMill Relative Strength | 16.78 | NEGATIVE | KKR has a low relative strength, it was outperformed by 83.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KKR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KKR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KKR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.8 | NEUTRAL | The RSI value for KKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests KKR has a positive trend. |
| Stochastics (14,3) | 73.36 | NEUTRAL | The Stochastics value for KKR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for KKR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.16 | NEUTRAL | The ADX value for KKR suggests a possible start of a new trend. |
122.31
+1.48 (+1.22%)
KKR & CO INC / KKR FAQ
What is the ChartMill technical rating of KKR & CO INC (KKR) stock?
ChartMill assigns a technical rating of 1 / 10 to KKR.
Can you provide the trend direction for KKR & CO INC?
The current trend direction for KKR & CO INC (KKR) is Bearish.
What is the RSI signal for KKR stock?
KKR & CO INC (KKR) has an RSI value of 53.7967. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KKR & CO INC?
The MACD indicator for KKR & CO INC (KKR) has a value of 0.815114, indicating a bearish trend.
Can you provide the short term momentum for KKR & CO INC?
The short term momentum for KKR & CO INC (KKR) is neutral.