FT VEST S&P 500 DVD ARST TRG (KNG) Stock Technical Analysis
USA - NYSEARCA:KNG - US33739Q7051 - ETF
Overall KNG gets a technical rating of 0 out of 10. KNG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, KNG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 49.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.96, a Stop Loss order could be placed below this zone.
More info and screens
46.54
We found 2 important support areas.
- A support zone ranging from 48.43 to 48.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 47.01 to 47.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 49.11 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 | NEUTRAL | NEUTRAL | The short term trend for KNG is neutral. |
| ChartMill Relative Strength | 24.23 | NEGATIVE | KNG has a low relative strength, it was outperformed by 75.77% 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) | 47.67 | NEUTRAL | The RSI value for KNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KNG has a positive trend. |
| Stochastics (14,3) | 49.41 | NEUTRAL | The Stochastics value for KNG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for KNG suggests low volalility. |
| Average Directional Index/ADX (14) | 8.46 | NEGATIVE | The low ADX value for KNG suggests a weak or negative trend. |
49.06
+0.1 (+0.2%)
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 47.6666. 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 neutral.