KINGSMEN RESOURCES LTD (KNG.CA) Stock Technical Analysis
TSX-V:KNG - TSX Venture Exchange - CA49639T3001 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to KNG. In the last year, KNG was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: KNG has an average volume of 16683 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that KNG is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, KNG also shows a nice and consistent pattern of rising prices.
KNG is one of the better performing stocks in the Metals & Mining industry, it outperforms 93% of 797 stocks in the same industry.
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.
In the last month KNG has a been trading in the 0.87 - 1.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
KNG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for KNG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.75
1.14
We found 4 important support areas.
- Support @0.96 from a trend line in the weekly time frame.
- Support @0.94 from a trend line in the daily time frame.
- A support zone ranging from 0.90 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.76 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.11 from a trend line in the daily time frame.
- A resistance zone ranging from 1.13 to 1.13. 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 | NEUTRAL | NEUTRAL | The short term trend for KNG.CA is neutral. |
| ChartMill Relative Strength | 97.15 | POSITIVE | KNG.CA has a high relative strength, it outperformed 97.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KNG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KNG.CA is below a declining 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) | 49.57 | NEUTRAL | The RSI value for KNG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests KNG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.23 | NEUTRAL | The Stochastics value for KNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for KNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16 | NEGATIVE | The low ADX value for KNG.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.05 | 0.96 | 0.09 (8.75%) | 11.43% |
| An entry @1.05. This is a Buy Stop order right above the 10 day moving average. | An exit @0.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 8.75%. | For a 1.00% total portfolio risk, you can invest 11.43% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:KNG (8/6/2025, 7:00:00 PM)
1.03
-0.06 (-5.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.5%
1 Week-8.85%
2 Weeks7.29%
1 Month3%
3 Month-8.04%
6 Month28.75%
12 Month329.17%
2 Year281.48%
3 Year758.33%
5 Year243.33%
10 Year243.33%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.44%
ATR Inc6.33%
Range Today0.04
ADR(20)0.04
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.15
Mansfield3.41
10 Day High1.13
10 Day Low0.97
20 Day High1.13
20 Day Low0.87
52 Week High1.22
52 Week Low0.22
CS1 End0.96
CR1 Start1.11
Volume & EV
DER(3)68.93%
DER(5)135.59%
Volume11.03K
Volume Incr-54.96%
Vol(5)7.54K
Vol(50)16.68K