KENNAMETAL INC (KMT) Technical Analysis
NYSE:KMT • US4891701009
Current stock price
KMT Technical Rating and Analysis
Overall KMT gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month KMT has a been trading in the 33.71 - 40.67 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that KMT is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by KMT over the past year are nicely spread over this period.
- 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 is also trading in the upper part of its 52 week range, so KMT is performing more or less in line with the market.
- KMT has an average volume of 1636660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
KMT Weekly and Daily overview Charts
KMT Setup Rating and Analysis
KMT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 36.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.73, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
KMT Support and Resistance Analysis
22.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.27 to 35.73. 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 @22.27 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.52 to 36.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @41.10 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 | DOWN | NEGATIVE | The short term trend for KMT is down. |
| ChartMill Relative Strength | 90.56 | POSITIVE | KMT has a high relative strength, it outperformed 90.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KMT is below the rising 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) | 46.08 | NEUTRAL | The RSI value for KMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests KMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.24 | NEUTRAL | The Stochastics value for KMT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for KMT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.88 | NEUTRAL | The ADX value for KMT suggests a possible start of a new 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 |
|---|---|---|---|
| 36.74 | 35.26 | 1.48 (4.03%) | 24.82% |
| An entry @36.74. This is a Buy Stop order right above the resistance zone. | An exit @35.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.48 points, which is 4.03%. | When investing 24.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of KMT. 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.
KMT Technicals: Chart, Performance Metrics, Trend & Indicators
35.99
-0.52 (-1.42%)
KENNAMETAL INC / KMT TA FAQ
What is the ChartMill technical rating of KENNAMETAL INC (KMT) stock?
ChartMill assigns a technical rating of 7 / 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 46.076. 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 -0.0759347, indicating a bearish trend.
Can you provide the short term momentum for KENNAMETAL INC?
The short term momentum for KENNAMETAL INC (KMT) is negative.