KENNAMETAL INC (KMT) Stock Technical Analysis
USA - NYSE:KMT - US4891701009 - Common Stock
Taking everything into account, KMT scores 7 out of 10 in our technical rating. KMT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
KMT has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
19.77
We found 4 important support areas.
- A support zone ranging from 22.95 to 23.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.86 from a horizontal line in the daily time frame.
- A support zone ranging from 20.77 to 21.02. 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.
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 | NEUTRAL | NEUTRAL | The long term trend for KMT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KMT is up. |
| ChartMill Relative Strength | 74.27 | POSITIVE | KMT has a high relative strength, it outperformed 74.27% 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) | 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) | 71.2 | OVERBOUGHT | The high RSI value suggests KMT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests KMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.4 | OVERBOUGHT | The high Stochastics value suggests KMT may be overbought. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for KMT suggests some volalility. |
| Average Directional Index/ADX (14) | 34.78 | POSITIVE | The high ADX value value for KMT suggests a strong trend. |
26.9
-0.69 (-2.5%)
KENNAMETAL INC / KMT FAQ
What is the ChartMill technical rating of KENNAMETAL INC (KMT) stock?
ChartMill assigns a technical rating of 7 / 10 to KMT.
Can you provide the trend direction for KENNAMETAL INC?
The current trend direction for KENNAMETAL INC (KMT) is Bearish.
What is the RSI signal for KENNAMETAL INC (KMT) stock?
KENNAMETAL INC (KMT) has an RSI value of 71.1992. This indicates that the stock is currently overbought.
What is the short term momentum for KMT stock?
The short term momentum for KENNAMETAL INC (KMT) is positive.
What are the support and resistance levels for KENNAMETAL INC (KMT) stock?
KENNAMETAL INC (KMT) has a support level at 23.1. Check the full technical report for our detailed analysis of KMT support and resistance levels.