KINDRED HEALTHCARE INC (KND) Stock Technical Analysis
NYSE:KND - New York Stock Exchange, Inc. -
We assign a technical rating of 3 out of 10 to KND. KND performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, KND does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.00, a Stop Loss order could be placed below this zone.
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8.75
When analyzing the support we notice one important area.
- A support zone ranging from 8.84 to 9.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.00 to 9.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 KND is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KND is neutral. |
| ChartMill Relative Strength | 18.64 | NEGATIVE | KND has a low relative strength, it was outperformed by 81.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KND is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.8 | NEUTRAL | The RSI value for KND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests KND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for KND is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for KND suggests low volalility. |
9
-0.05 (-0.55%)