KENNAMETAL INC (KMT) Technical Analysis
NYSE:KMT • US4891701009
Current stock price
KMT Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to KMT. Both in the recent history as in the last year, KMT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that KMT is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, KMT also shows a nice and consistent pattern of rising prices.
- KMT is one of the better performing stocks in the Machinery industry, it outperforms 90% of 131 stocks in the same industry.
- KMT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KMT is lagging the market slightly.
- In the last month KMT has a been trading in the 34.94 - 40.28 range, which is quite wide. It is currently trading near the high of this range.
- KMT has an average volume of 1363640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KMT Weekly and Daily overview Charts
KMT Setup Rating and Analysis
Besides having an excellent technical rating, KMT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 38.26, 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.
More info and screens
KMT Support and Resistance Analysis
22.33
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.11 to 38.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.11 to 34.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.56 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @41.79 from a horizontal line in the daily time frame.
KMT 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 | UP | POSITIVE | The long term trend for KMT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KMT is up. |
| ChartMill Relative Strength | 91.31 | POSITIVE | KMT has a high relative strength, it outperformed 91.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of KMT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.45 | NEUTRAL | The RSI value for KMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests KMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.13 | NEUTRAL | The Stochastics value for KMT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for KMT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.71 | NEGATIVE | The low ADX value for KMT suggests a weak or negative trend. |
KMT Chart- and CandleStick Pattern Analysis
KMT Example Setup
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 |
|---|---|---|---|
| 40.29 | 37.60 | 2.69 (6.68%) | 14.98% |
| An entry @40.29. This is a Buy Stop order right above the 10 day high. | An exit @37.60. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.69 points, which is 6.68%. | When investing 14.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
KMT Technicals: Chart, Performance Metrics, Trend & Indicators
39.24
-0.41 (-1.03%)
KENNAMETAL INC / KMT TA FAQ
What is the ChartMill technical rating of KENNAMETAL INC (KMT) stock?
ChartMill assigns a technical rating of 9 / 10 to KMT.
What is the trend direction for KMT stock?
The current trend direction for KENNAMETAL INC (KMT) is Bullish.
Can you provide the RSI signal for KENNAMETAL INC?
KENNAMETAL INC (KMT) has an RSI value of 56.4454. This indicates that the stock is currently neutral.
What is the MACD signal for KMT stock?
The MACD indicator for KENNAMETAL INC (KMT) has a value of 0.120955, indicating a bearish trend.
Can you provide the short term momentum for KENNAMETAL INC?
The short term momentum for KENNAMETAL INC (KMT) is positive.