FT VEST S&P 500 DVD ARST TRG (KNG) Stock Technical Analysis
USA - NYSEARCA:KNG - US33739Q7051 - ETF
Taking everything into account, KNG scores 0 out of 10 in our technical rating. KNG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, KNG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 48.46, a Stop Loss order could be placed below this zone.
More info and screens
46.54
We found 1 important support area.
- A support zone ranging from 47.01 to 48.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 48.66 to 50.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.68 to 51.70. 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 | DOWN | NEGATIVE | The long term trend for KNG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KNG is down. |
| ChartMill Relative Strength | 26.84 | NEGATIVE | KNG has a low relative strength, it was outperformed by 73.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KNG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KNG is below a declining 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) | 46.66 | NEUTRAL | The RSI value for KNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests KNG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.11 | NEUTRAL | The Stochastics value for KNG is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for KNG suggests low volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for KNG suggests a weak or negative trend. |
48.5
+0.53 (+1.1%)
FT VEST S&P 500 DVD ARST TRG / KNG FAQ
What is the ChartMill technical rating of FT VEST S&P 500 DVD ARST TRG (KNG) stock?
ChartMill assigns a technical rating of 0 / 10 to KNG.
What is the current trend direction of FT VEST S&P 500 DVD ARST TRG (KNG) stock?
The current trend direction for FT VEST S&P 500 DVD ARST TRG (KNG) is Bearish.
What is the RSI signal for FT VEST S&P 500 DVD ARST TRG (KNG) stock?
FT VEST S&P 500 DVD ARST TRG (KNG) has an RSI value of 46.6638. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FT VEST S&P 500 DVD ARST TRG?
The short term momentum for FT VEST S&P 500 DVD ARST TRG (KNG) is negative.
What is the buy/sell signal for KNG stock?
The buy/sell signal for FT VEST S&P 500 DVD ARST TRG (KNG) is sell as both the short term and long term trends are negative.