KNIFE RIVER CORP (KNF) Stock Technical Analysis
USA - NYSE:KNF - US4988941047 - Common Stock
Taking everything into account, KNF scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. KNF was also a bad performer in the overall market in the last year.
The technical rating of KNF is bad and it also does not present a 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
70.23
When analyzing the support we notice one important area.
- A support zone ranging from 70.94 to 71.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 71.87 to 72.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @84.15 from a trend line in the weekly time frame.
- Resistance @86.38 from a trend line in the daily time frame.
- Resistance @94.74 from a trend 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 | DOWN | NEGATIVE | The long term trend for KNF is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KNF is up. |
| ChartMill Relative Strength | 12.76 | NEGATIVE | KNF has a low relative strength, it was outperformed by 87.24% off all stocks 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) | DOWN | MIXED | The current price of KNF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KNF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.05 | NEUTRAL | The RSI value for KNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.64 | POSITIVE | The MACD value suggests KNF has a positive trend. |
| Stochastics (14,3) | 84.61 | OVERBOUGHT | The high Stochastics value suggests KNF may be overbought. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for KNF suggests some volalility. |
| Average Directional Index/ADX (14) | 33.82 | POSITIVE | The high ADX value value for KNF suggests a strong trend. |
71.86
+0.87 (+1.23%)
KNIFE RIVER CORP / KNF FAQ
What is the technical rating for KNF stock?
ChartMill assigns a technical rating of 2 / 10 to KNF.
Can you provide the trend direction for KNIFE RIVER CORP?
The current trend direction for KNIFE RIVER CORP (KNF) is Bearish.
What is the RSI signal for KNF stock?
KNIFE RIVER CORP (KNF) has an RSI value of 61.0525. This indicates that the stock is currently neutral.
What is the MACD signal for KNF stock?
The MACD indicator for KNIFE RIVER CORP (KNF) has a value of 1.64469, indicating a bullish trend.
Can you provide the buy/sell signal for KNIFE RIVER CORP?
The buy/sell signal for KNIFE RIVER CORP (KNF) is hold as the short term and long term trends are mixed.