KNIFE RIVER CORP (KNF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KNF - US4988941047 - Common Stock
We assign a technical rating of 2 out of 10 to KNF. 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.
Although the technical rating is bad, KNF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 73.46, a Stop Loss order could be placed below this zone.
More info and screens
72.59
When analyzing the support we notice one important area.
- A support zone ranging from 73.32 to 73.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 74.05 to 74.85. 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 76.59 to 78.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 80.31 to 80.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @82.16 from a trend line in the daily time frame.
- Resistance @93.34 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 | NEUTRAL | NEUTRAL | The short term trend for KNF is neutral. |
| ChartMill Relative Strength | 19.22 | NEGATIVE | KNF has a low relative strength, it was outperformed by 80.78% 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 | POSITIVE | The current price of KNF is above 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) | 50.74 | NEUTRAL | The RSI value for KNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests KNF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.17 | NEUTRAL | The Stochastics value for KNF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for KNF suggests some volalility. |
| Average Directional Index/ADX (14) | 25.07 | POSITIVE | The high ADX value value for KNF suggests a strong trend. |
73.68
+0.22 (+0.3%)
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 50.7351. 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 -0.491435, indicating a bearish trend.