KNIFE RIVER CORP (KNF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KNF - US4988941047 - Common Stock
Overall KNF gets a technical rating of 2 out of 10. KNF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 75% of all other stocks performed better in the past year than KNF.
- In the last month KNF has a been trading in the 70.28 - 84.01 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- KNF is part of the Construction Materials industry. There are 13 other stocks in this industry, KNF did better than 41% of them.
- KNF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KNF is lagging the market.
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
69.65
2 important support areas can be observed.
- A support zone ranging from 71.86 to 72.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 76.14 to 76.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 82.76 to 83.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @92.18 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 | NEUTRAL | NEUTRAL | The long term trend for KNF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KNF is down. |
| ChartMill Relative Strength | 25.95 | NEGATIVE | KNF has a low relative strength, it was outperformed by 74.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KNF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KNF is below the rising 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) | 43.77 | NEUTRAL | The RSI value for KNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests KNF has a negative trend. |
| Stochastics (14,3) | 18.35 | OVERSOLD | The low Stochastics value suggests KNF may be oversold. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for KNF suggests some volalility. |
| Average Directional Index/ADX (14) | 22.08 | NEUTRAL | The ADX value for KNF suggests a possible start of a new trend. |
72.88
-0.58 (-0.79%)
KNIFE RIVER CORP / KNF FAQ
What is the technical rating for KNF stock?
ChartMill assigns a technical rating of 2 / 10 to KNF.
What is the trend direction for KNF stock?
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 43.7666. 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 negative.
What is the support and resistance level for KNF stock?
KNIFE RIVER CORP (KNF) has a support level at 72.74 and a resistance level at 76.14. Check the full technical report for our detailed analysis of KNF support and resistance levels.