Kayne Anderson NextGen Energy and Infrastructure Inc (KMF) Technical Analysis
NYSE:KMF • US48661E1082
Current stock price
KMF Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to KMF. KMF 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, KMF is a bad performer in the overall market: 74% of all stocks are doing better.
- KMF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KMF is lagging the market.
- In the last month KMF has a been trading in the 6.66 - 7.27 range, which is quite wide. It is currently trading near the lows of this range.
KMF Weekly and Daily overview Charts
KMF Setup Rating and Analysis
The technical rating of KMF is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
KMF Support and Resistance Analysis
6.55
When analyzing the support we notice one important area.
- A support zone ranging from 6.62 to 6.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @6.72 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.09 to 7.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.32 to 7.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.53 to 7.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
KMF Technical Indicator Signal Analysis
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 KMF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KMF is down. |
| ChartMill Relative Strength | 26.59 | NEGATIVE | KMF has a low relative strength, it was outperformed by 73.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KMF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KMF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KMF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.23 | NEUTRAL | The RSI value for KMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests KMF has a negative trend. |
| Stochastics (14,3) | 6.28 | OVERSOLD | The low Stochastics value suggests KMF may be oversold. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for KMF suggests some volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for KMF suggests a weak or negative trend. |
KMF Chart- and CandleStick Pattern Analysis
KMF Technicals: Chart, Performance Metrics, Trend & Indicators
Kayne Anderson NextGen Energy and Infrastructure Inc
NYSE:KMF (11/10/2023, 8:04:00 PM)
6.715
+0.01 (+0.22%)
Kayne Anderson NextGen Energy and Infrastructure Inc / KMF TA FAQ
What is the ChartMill technical rating of Kayne Anderson NextGen Energy and Infrastructure Inc (KMF) stock?
ChartMill assigns a technical rating of 0 / 10 to KMF.
What is the current trend direction of Kayne Anderson NextGen Energy and Infrastructure Inc (KMF) stock?
The current trend direction for Kayne Anderson NextGen Energy and Infrastructure Inc (KMF) is Bearish.
What is the RSI signal for Kayne Anderson NextGen Energy and Infrastructure Inc (KMF) stock?
Kayne Anderson NextGen Energy and Infrastructure Inc (KMF) has an RSI value of 38.2261. This indicates that the stock is currently neutral.
What is the MACD signal for Kayne Anderson NextGen Energy and Infrastructure Inc (KMF) stock?
The MACD indicator for Kayne Anderson NextGen Energy and Infrastructure Inc (KMF) has a value of -0.0211149, indicating a bearish trend.
Can you provide the buy/sell signal for Kayne Anderson NextGen Energy and Infrastructure Inc?
The buy/sell signal for Kayne Anderson NextGen Energy and Infrastructure Inc (KMF) is sell as both the short term and long term trends are negative.