KENNAMETAL INC (KMT) Technical Analysis
NYSE:KMT • US4891701009
Current stock price
KMT Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to KMT. In the last year, KMT was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month KMT has a been trading in the 34.29 - 42.03 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that KMT is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by KMT over the past year are nicely spread over this period.
- KMT is part of the Machinery industry. There are 131 other stocks in this industry. KMT outperforms 90% of them.
- 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 1652050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
KMT Weekly and Daily overview Charts
KMT Setup Rating and Analysis
Although KMT has an excellent technical rating, it 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
KMT Support and Resistance Analysis
21.90
We found 1 important support area.
- Support @22.12 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 40.31 to 40.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 91.24 | POSITIVE | KMT has a high relative strength, it outperformed 91.24% 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) | 37.79 | NEUTRAL | The RSI value for KMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests KMT has a negative trend. |
| Stochastics (14,3) | 14.39 | OVERSOLD | The low Stochastics value suggests KMT may be oversold. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for KMT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.37 | POSITIVE | The high ADX value value for KMT suggests a strong trend. |
KMT Chart- and CandleStick Pattern Analysis
KMT Technicals: Chart, Performance Metrics, Trend & Indicators
35.18
-0.89 (-2.47%)
KENNAMETAL INC / KMT TA FAQ
What is the ChartMill technical rating of KENNAMETAL INC (KMT) stock?
ChartMill assigns a technical rating of 8 / 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 37.7937. 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 hold as the short term and long term trends are mixed.
What is the support and resistance level for KMT stock?
KENNAMETAL INC (KMT) has a support level at 22.12 and a resistance level at 40.31. Check the full technical report for our detailed analysis of KMT support and resistance levels.