KENNAMETAL INC (KMT)       27.62  +0.35 (+1.28%)

27.62  +0.35 (+1.28%)

US4891701009 - Common Stock - After market: 27.62 0 (0%)

Technical Rating

Taking everything into account, KMT scores 3 out of 10 in our technical rating. In the past year, KMT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.



In the last month KMT has a been trading in the 23.98 - 27.69 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
KMT is an average performer in the Machinery industry, it outperforms 44% of 149 stocks in the same industry.
When comparing the yearly performance of all stocks, KMT is a bad performer in the overall market: 67% of all stocks are doing better.
KMT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 12.32% 6.89% -17.26% -21.65% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 33.77 21.62 - 41.215
KMT Weekly chart
KMT Daily chart

Support/Resistance Analysis


21.92

36.36
4 important support areas can be observed.
  • A support zone ranging from 26.15 to 26.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @25.73 from a horizontal line in the daily time frame.
  • Support @23.73 from a trend line in the daily time frame.
  • Support @22.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
  • A resistance zone ranging from 27.63 to 27.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @28.47 from a horizontal line in the daily time frame.
  • Resistance @36.00 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

KMT has a poor technical rating and the quality of the setup is also not perfect 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.


KMT Daily chart

KENNAMETAL INC27.62

NYSE:KMT (8/16/2022, 7:04:00 PM)+0.35 (+1.28%)

After market: 27.62 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Industrials
GICS Industry Machinery
Performance
Today 1.28% 1 Week 7.35%
2 Weeks 4.34% 1 Month 12.32%
3 Month 6.89% 6 Month -17.26%
Volatility
ATR(14) 0.81 ATR(20)% 2.76%
ATR Inc -26.32% Range Today 0.63
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 33.77 Mansfield -1.1
10 Day High 27.69 10 Day Low 25.48
20 Day High 27.69 20 Day Low 23.98
52 Week High 41.22 52 Week Low 21.62
CS1 End 26.71 CR1 Start 27.63
Volume & EV
DER(3) -0.55% DER(5) -1.72%
Volume 660.70K Volume Incr -21.12%
Vol(5) 541.94K Vol(50) 774.59K

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