FT VEST S&P 500 DVD ARST TRG (KNG) Stock Technical Analysis
NYSEARCA:KNG - US33739Q7051 - ETF
50.06 USD
-0.04 (-0.08%)
51.4126 USD
+1.35 (+2.7%)
We assign a technical rating of 4 out of 10 to KNG. In the last year, KNG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, KNG is a bad performer in the overall market: 75% 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 49.49 and 50.93.
KNG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 49.97, a Stop Loss order could be placed below this zone.
More info and screens
46.17
55.56
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.43 to 49.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.43 to 48.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 50.06 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 | 25.59 | NEGATIVE | KNG has a low relative strength, it was outperformed by 74.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KNG is below 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) | 50.71 | NEUTRAL | The RSI value for KNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests KNG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.87 | NEUTRAL | The Stochastics value for KNG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for KNG suggests low volalility. |
| Average Directional Index/ADX (14) | 13.97 | 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)
50.06
-0.04 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.08%
1 Week0.06%
2 Weeks-0.04%
1 Month0.64%
3 Month1.77%
6 Month-3.17%
12 Month-5.35%
2 Year1.42%
3 Year9.78%
5 Year15.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%0.91%
ATR Inc3.76%
Range Today0.59
ADR(20)0.41
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.59
Mansfield-1.01
10 Day High50.86
10 Day Low49.5
20 Day High50.93
20 Day Low49.5
52 Week High55.5
52 Week Low44.63
CS1 End49.97
CR1 Start50.06
Volume & EV
DER(3)-0.2%
DER(5)-0.29%
Volume297.40K
Volume Incr-9.17%
Vol(5)295.54K
Vol(50)333.65K