KNIFE RIVER CORP (KNF) Stock Technical Analysis
NYSE:KNF • US4988941047
We assign a technical rating of 8 out of 10 to KNF. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KNF is only an average performer.
- The long and short term trends are both positive. This is looking good!
- KNF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KNF is lagging the market slightly.
- In the last month KNF has a been trading in the 66.88 - 95.29 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, KNF outperforms 67% of them, which is more or less in line with the market.
- KNF is an average performer in the Construction Materials industry, it outperforms 58% of 13 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although KNF has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
66.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 76.16 to 77.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.51 to 68.72. 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 | UP | POSITIVE | The long term trend for KNF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KNF is up. |
| ChartMill Relative Strength | 67.68 | NEUTRAL | KNF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KNF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KNF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KNF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.64 | NEUTRAL | The RSI value for KNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.85 | POSITIVE | The MACD value suggests KNF has a positive trend. |
| Stochastics (14,3) | 87.04 | OVERBOUGHT | The high Stochastics value suggests KNF may be overbought. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for KNF suggests some volalility. |
| Average Directional Index/ADX (14) | 30.97 | POSITIVE | The high ADX value value for KNF suggests a strong trend. |
90.72
-3.25 (-3.46%)
KNIFE RIVER CORP / KNF FAQ
What is the technical rating for KNF stock?
ChartMill assigns a technical rating of 8 / 10 to KNF.
What is the trend direction for KNF stock?
The current trend direction for KNIFE RIVER CORP (KNF) is Bullish.
What is the RSI signal for KNF stock?
KNIFE RIVER CORP (KNF) has an RSI value of 67.6433. This indicates that the stock is currently neutral.
What is the short term momentum for KNIFE RIVER CORP (KNF) stock?
The short term momentum for KNIFE RIVER CORP (KNF) is positive.
What is the support and resistance level for KNF stock?
KNIFE RIVER CORP (KNF) has a support level at 77.88. Check the full technical report for our detailed analysis of KNF support and resistance levels.