KULICKE & SOFFA INDUSTRIES (KLIC) Stock Technical Analysis
USA - NASDAQ:KLIC - US5012421013 - Common Stock
We assign a technical rating of 6 out of 10 to KLIC. KLIC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
KLIC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 40.16, a Stop Loss order could be placed below this zone. 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.
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31.58
When analyzing the support we can see 4 important areas.
- A support zone ranging from 39.25 to 40.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 38.17 to 38.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.88 to 35.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.90 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @41.05 from a trend line in the weekly time frame.
- A resistance zone ranging from 42.00 to 42.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 43.04 to 43.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @44.24 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for KLIC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KLIC is neutral. |
| ChartMill Relative Strength | 52.85 | NEUTRAL | KLIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KLIC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KLIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KLIC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.75 | NEUTRAL | The RSI value for KLIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests KLIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.32 | NEUTRAL | The Stochastics value for KLIC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for KLIC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for KLIC suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 41.06 | 39.24 | 1.82 (4.43%) | 22.56% |
| An entry @41.06. This is a Buy Stop order right above the resistance zone. | An exit @39.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.82 points, which is 4.43%. | For a 1.00% total portfolio risk, you can invest 22.56% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of KLIC. Please evaluate whether better entry and exit points can be found.
- 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.
40.79
+0.62 (+1.54%)
KULICKE & SOFFA INDUSTRIES / KLIC FAQ
What is the ChartMill technical rating of KULICKE & SOFFA INDUSTRIES (KLIC) stock?
ChartMill assigns a technical rating of 6 / 10 to KLIC.
What is the current trend direction of KULICKE & SOFFA INDUSTRIES (KLIC) stock?
The current trend direction for KULICKE & SOFFA INDUSTRIES (KLIC) is Bullish.
What is the RSI signal for KLIC stock?
KULICKE & SOFFA INDUSTRIES (KLIC) has an RSI value of 51.7484. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KULICKE & SOFFA INDUSTRIES?
The MACD indicator for KULICKE & SOFFA INDUSTRIES (KLIC) has a value of -0.189682, indicating a bearish trend.
What is the support and resistance level for KLIC stock?
KULICKE & SOFFA INDUSTRIES (KLIC) has a support level at 40.16 and a resistance level at 41.05. Check the full technical report for our detailed analysis of KLIC support and resistance levels.