KENNAMETAL INC (KMT)
US4891701009 - Common Stock
We assign a technical rating of 2 out of 10 to KMT. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, KMT is a bad performer in the overall market: 65% of all stocks are doing better.
KMT is one of the lesser performing stocks in the Machinery industry. 61% of 131 stocks in the same industry do better.
KMT 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 KMT is lagging the market.
In the last month KMT has a been trading in the 23.23 - 24.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KMT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KMT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
22.80
30.52
When analyzing the support we notice one important area.
- A support zone ranging from 23.03 to 24.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 24.60 to 24.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.03 to 26.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.87 from a horizontal line in the daily time frame.
- Resistance @28.20 from a trend line in the weekly time frame.
- Resistance @30.22 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.61
Mansfield-1.17
10 Day High24.73
10 Day Low23.24
20 Day High24.99
20 Day Low23.24
52 Week High30.6
52 Week Low22.08
Performance
1 Week4.3%
2 Weeks1.41%
1 Month0.41%
3 Month-0.2%
6 Month5.78%
12 Month-5.77%
2 Year-4.74%
3 Year-38.97%
5 Year-39.78%
10 Year-47.55%
15 Year19.85%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)53.86
LBB23.47
UBB24.64
KENNAMETAL INC
NYSE:KMT (4/19/2024, 7:04:00 PM)
After market: 24.51 0 (0%)24.51
+0.41 (+1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.7%
1 Week4.3%
2 Weeks1.41%
1 Month0.41%
3 Month-0.2%
6 Month5.78%
12 Month-5.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.54
ATR(20)%2.09%
ATR Inc
Range Today0.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.73
10 Day Low23.24
20 Day High24.99
20 Day Low23.24
52 Week High30.6
52 Week Low22.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume657.50K
Volume Incr50.5%
Vol(5)746.90K
Vol(50)623.30K