KENNAMETAL INC (KMT) Stock Technical Analysis
NYSE:KMT - New York Stock Exchange, Inc. - US4891701009 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to KMT. In the past year, KMT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month KMT has a been trading in the 21.05 - 22.87 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, KMT outperforms 42% of them, which is more or less in line with the market.
KMT is part of the Machinery industry. There are 128 other stocks in this industry, KMT did better than 44% of them.
KMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KMT is lagging the market.
Volume is considerably higher in the last couple of days.
KMT has an average technical rating and it also does not offer a high quality setup 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
21.38
22.97
When analyzing the support we can see 2 important areas.
- Support @22.69 from a horizontal line in the daily time frame.
- A support zone ranging from 21.60 to 22.14. 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 one important area.
- A resistance zone ranging from 22.74 to 22.74. 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 | 42.98 | NEUTRAL | KMT is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of KMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.15 | NEUTRAL | The RSI value for KMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests KMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.36 | NEUTRAL | The Stochastics value for KMT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for KMT suggests low volalility. |
| Average Directional Index/ADX (14) | 20.13 | NEUTRAL | The ADX value for KMT suggests a possible start of a new trend. |
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)
22.73
+0.7 (+3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.18%
1 Week2.71%
2 Weeks1.52%
1 Month4.55%
3 Month5.13%
6 Month-5.96%
12 Month-3.44%
2 Year-19.94%
3 Year-2.15%
5 Year-20.83%
10 Year-33.38%
15 Year-10.62%
Volatility
ATR(14)0.46
ATR(20)%1.98%
ATR Inc42.22%
Range Today0.73
ADR(20)0.42
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.98
Mansfield-0.94
10 Day High22.87
10 Day Low21.4
20 Day High22.87
20 Day Low21.05
52 Week High32.18
52 Week Low17.3
CS1 End22.69
CR1 Start22.74
Volume & EV
DER(3)0.41%
DER(5)-1.71%
Volume2.91M
Volume Incr113.57%
Vol(5)1.83M
Vol(50)990.40K