We assign a technical rating of 5 out of 10 to KNDI. In the past year, KNDI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 77% of all other stocks performed better in the past year than KNDI.
- KNDI is one of the lesser performing stocks in the Automobile Components industry. 75% of 42 stocks in the same industry do better.
- KNDI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- 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 KNDI has a been trading in the 0.78 - 1.14 range, which is quite wide. It is currently trading near the high of this range.
KNDI has an average technical rating and the quality of the presented setup is also not ideal 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
0.92
We found 1 important support area.
- A support zone ranging from 0.93 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 5 important resistance areas.
- Resistance @1.06 from a horizontal line in the weekly time frame.
- Resistance @1.13 from a horizontal line in the daily time frame.
- Resistance @1.24 from a trend line in the weekly time frame.
- Resistance @1.35 from a trend line in the weekly time frame.
- Resistance @1.58 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for KNDI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KNDI is up. |
| ChartMill Relative Strength | 23.35 | NEGATIVE | KNDI has a low relative strength, it was outperformed by 76.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KNDI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KNDI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KNDI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.38 | NEUTRAL | The RSI value for KNDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests KNDI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.98 | NEUTRAL | The Stochastics value for KNDI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.15 | HIGH VOLATILITY | The high ATR as a percentage value for KNDI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.1 | NEUTRAL | The ADX value for KNDI suggests a possible start of a new trend. |
1.05
-0.07 (-6.25%)
KANDI TECHNOLOGIES GROUP INC / KNDI FAQ
Can you provide the ChartMill technical rating for KANDI TECHNOLOGIES GROUP INC?
ChartMill assigns a technical rating of 5 / 10 to KNDI.
What is the current trend direction of KANDI TECHNOLOGIES GROUP INC (KNDI) stock?
The current trend direction for KANDI TECHNOLOGIES GROUP INC (KNDI) is Bearish.
What is the RSI signal for KNDI stock?
KANDI TECHNOLOGIES GROUP INC (KNDI) has an RSI value of 57.3766. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KANDI TECHNOLOGIES GROUP INC?
The MACD indicator for KANDI TECHNOLOGIES GROUP INC (KNDI) has a value of 0.0204897, indicating a bearish trend.
Can you provide the support and resistance levels for KANDI TECHNOLOGIES GROUP INC?
KANDI TECHNOLOGIES GROUP INC (KNDI) has a support level at 0.94 and a resistance level at 1.06. Check the full technical report for our detailed analysis of KNDI support and resistance levels.