KANDI TECHNOLOGIES GROUP INC (KNDI)       2.68  +0.04 (+1.52%)

2.68  +0.04 (+1.52%)

US4837091010 - Common Stock

Technical Rating

4

Taking everything into account, KNDI scores 4 out of 10 in our technical rating. In the last year, KNDI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.



KNDI is part of the Auto Components industry. There are 42 other stocks in this industry. KNDI outperforms 71% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that KNDI is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
KNDI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
In the last month KNDI has a been trading in the 2.62 - 3.30 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -15.72% 25.23% -2.19% -27.57% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 72.99 2 - 3.84
KNDI Weekly chart
KNDI Daily chart

Support/Resistance Analysis


2.60

3.21
We found 1 important support area.
  • A support zone ranging from 2.63 to 2.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
  • Resistance @2.75 from a horizontal line in the daily time frame.
  • Resistance @2.97 from a trend line in the weekly time frame.
  • Resistance @3.12 from a trend line in the weekly time frame.
  • Resistance @3.18 from a trend line in the daily time frame.

Setup Analysis

Setup Rating

5

KNDI has an average technical rating and also 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.


KNDI Daily chart

KANDI TECHNOLOGIES GROUP INC2.68

NASDAQ:KNDI (12/6/2022, 7:00:03 PM)+0.04 (+1.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Auto Components
Performance
Today 1.52% 1 Week -0.74%
2 Weeks -7.27% 1 Month -15.72%
3 Month 25.23% 6 Month -2.19%
Volatility
ATR(14) 0.1 ATR(20)% 4.72%
ATR Inc -28.2% Range Today 0.07
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 72.99 Mansfield 0.33
10 Day High 2.9 10 Day Low 2.62
20 Day High 3.3 20 Day Low 2.62
52 Week High 3.84 52 Week Low 2
CS1 End 2.68 CR1 Start 2.75
Volume & EV
DER(3) -3.7% DER(5) -4.25%
Volume 124.60K Volume Incr -55.82%
Vol(5) 129.60K Vol(50) 266.19K

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