KINGSMEN RESOURCES LTD (KNG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:KNG - CA49639T3001 - Common Stock
We assign a technical rating of 10 out of 10 to KNG. Both in the recent history as in the last year, KNG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that KNG is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, KNG also shows a nice and consistent pattern of rising prices.
- KNG 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 KNG is lagging the market slightly.
- KNG is an average performer in the Metals & Mining industry, it outperforms 69% of 820 stocks in the same industry.
- In the last month KNG has a been trading in the 2.03 - 2.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although KNG has an excellent technical rating, the quality of the presented setup is 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
1.29
3 important support areas can be observed.
- A support zone ranging from 2.44 to 2.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.64 from a trend line in the daily time frame.
- A support zone ranging from 1.30 to 1.31. 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 KNG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KNG.CA is up. |
| ChartMill Relative Strength | 89.33 | POSITIVE | KNG.CA has a high relative strength, it outperformed 89.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KNG.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KNG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KNG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.74 | NEUTRAL | The RSI value for KNG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests KNG.CA has a negative trend. |
| Stochastics (14,3) | 57.31 | NEUTRAL | The Stochastics value for KNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.28 | HIGH VOLATILITY | The high ATR as a percentage value for KNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.3 | POSITIVE | The high ADX value value for KNG.CA suggests a strong trend. |
TSX-V:KNG (1/23/2026, 7:00:00 PM)
2.46
-0.2 (-7.52%)
KINGSMEN RESOURCES LTD / KNG.CA FAQ
What is the ChartMill technical rating of KINGSMEN RESOURCES LTD (KNG.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to KNG.CA.
Can you provide the trend direction for KINGSMEN RESOURCES LTD?
The current trend direction for KINGSMEN RESOURCES LTD (KNG.CA) is Bullish.
What is the RSI signal for KINGSMEN RESOURCES LTD (KNG.CA) stock?
KINGSMEN RESOURCES LTD (KNG.CA) has an RSI value of 51.7444. This indicates that the stock is currently neutral.
What is the MACD signal for KNG stock?
The MACD indicator for KINGSMEN RESOURCES LTD (KNG.CA) has a value of -0.0269662, indicating a bearish trend.
What is the short term momentum for KINGSMEN RESOURCES LTD (KNG.CA) stock?
The short term momentum for KINGSMEN RESOURCES LTD (KNG.CA) is positive.