KINGSMEN RESOURCES LTD (KNG.CA) Stock Technical Analysis
TSX-V:KNG - TSX Venture Exchange - CA49639T3001 - Common Stock - Currency: CAD
Taking everything into account, KNG scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month KNG has a been trading in the 0.91 - 1.22 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.
Warning: KNG has an average volume of 29608 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
KNG is part of the Metals & Mining industry. There are 808 other stocks in this industry. KNG outperforms 89% of them.
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.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that KNG is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
KNG has an average technical rating and it also does not offer a high 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
0.70
1.14
We found 5 important support areas.
- A support zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.93 from a horizontal line in the daily time frame.
- Support @0.91 from a horizontal line in the daily time frame.
- Support @0.87 from a trend line in the daily time frame.
- Support @0.71 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for KNG.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KNG.CA is down. |
| ChartMill Relative Strength | 95.25 | POSITIVE | KNG.CA has a high relative strength, it outperformed 95.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KNG.CA is below a declining 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) | 41.1 | NEUTRAL | The RSI value for KNG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests KNG.CA has a negative trend. |
| Stochastics (14,3) | 15.31 | OVERSOLD | The low Stochastics value suggests KNG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.38 | HIGH VOLATILITY | The high ATR as a percentage value for KNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.6 | 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)
TSX-V:KNG (6/27/2025, 7:00:00 PM)
0.98
+0.01 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.03%
1 Week-11.71%
2 Weeks-10.91%
1 Month0%
3 Month22.5%
6 Month32.43%
12 Month176.06%
2 Year148.1%
3 Year716.67%
5 Year188.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.38%
ATR Inc-38.46%
Range Today0
ADR(20)0.05
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.25
Mansfield4.48
10 Day High1.22
10 Day Low0.91
20 Day High1.22
20 Day Low0.91
52 Week High1.22
52 Week Low0.22
CS1 End0.97
CR1 Start1.12
Volume & EV
DER(3)0%
DER(5)0%
Volume2.30K
Volume Incr-9.36%
Vol(5)16.69K
Vol(50)29.61K