FT VEST S&P 500 DVD ARST TRG (KNG) Stock Technical Analysis
NYSEARCA:KNG - NYSE Arca - US33739Q7051 - ETF - Currency: USD
Taking everything into account, KNG scores 3 out of 10 in our technical rating. In the past year, KNG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, KNG is a bad performer in the overall market: 71% of all stocks are doing better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
KNG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KNG is lagging the market.
In the last month KNG has a been trading in a tight range between 48.37 and 50.55.
KNG has a poor technical rating and the quality of the setup is also not perfect 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
46.17
55.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 48.43 to 49.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.64 to 47.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 49.50 to 50.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @51.68 from a horizontal line in the weekly time frame.
- Resistance @53.71 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 55.01 to 55.01. 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 | NEUTRAL | NEUTRAL | The long term trend for KNG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KNG is neutral. |
| ChartMill Relative Strength | 29.05 | NEGATIVE | KNG has a low relative strength, it was outperformed by 70.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KNG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KNG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KNG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.34 | NEUTRAL | The RSI value for KNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests KNG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.86 | NEUTRAL | The Stochastics value for KNG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for KNG suggests low volalility. |
| Average Directional Index/ADX (14) | 12.72 | NEGATIVE | The low ADX value for KNG 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)
49.38
-0.54 (-1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.08%
1 Week-0.94%
2 Weeks0.57%
1 Month1.11%
3 Month2.81%
6 Month-3.08%
12 Month-4.75%
2 Year-8.74%
3 Year-5.44%
5 Year16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%0.95%
ATR Inc-7.02%
Range Today0.59
ADR(20)0.46
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.05
Mansfield-1.03
10 Day High50.55
10 Day Low49.05
20 Day High50.55
20 Day Low48.37
52 Week High55.5
52 Week Low44.63
CS1 End49.36
CR1 Start49.5
Volume & EV
DER(3)1.09%
DER(5)3.28%
Volume352.89K
Volume Incr-21.95%
Vol(5)323.62K
Vol(50)370.32K