KENNAMETAL INC (KMT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KMT - US4891701009 - Common Stock
Overall KMT gets a technical rating of 9 out of 10. 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.
KMT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 29.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.40, a Stop Loss order could be placed below this zone.
More info and screens
19.77
We found 4 important support areas.
- A support zone ranging from 28.40 to 28.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.72 to 21.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 20.77 to 21.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.97 to 20.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 29.33 to 29.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 88.35 | POSITIVE | KMT has a high relative strength, it outperformed 88.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KMT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KMT is above 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) | 54.01 | NEUTRAL | The RSI value for KMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests KMT has a negative trend. |
| Stochastics (14,3) | 33.63 | NEUTRAL | The Stochastics value for KMT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for KMT suggests low volalility. |
| Average Directional Index/ADX (14) | 33.37 | POSITIVE | The high ADX value value for KMT suggests a strong trend. |
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 |
|---|---|---|---|
| 28.86 | 28.39 | 0.47 (1.63%) | 25.00% |
| An entry @28.86. This is a Buy Stop order right above the 10 day moving average. | An exit @28.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.47 points, which is 1.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%. |
- 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.
28.41
-0.24 (-0.84%)
KENNAMETAL INC / KMT 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.
What is the RSI signal for KENNAMETAL INC (KMT) stock?
KENNAMETAL INC (KMT) has an RSI value of 54.0088. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for KENNAMETAL INC?
The buy/sell signal for KENNAMETAL INC (KMT) is buy as both the short term and long term trends are positive.
What is the support and resistance level for KMT stock?
KENNAMETAL INC (KMT) has a support level at 28.4 and a resistance level at 29.33. Check the full technical report for our detailed analysis of KMT support and resistance levels.