Roundhill S and P Dividend Monarchs ETF (KNGS) Technical Analysis
NYSEARCA:KNGS • US77926X1063
Current stock price
KNGS Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to KNGS. KNGS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, KNGS is a bad performer in the overall market: 65% of all stocks are doing better.
- Warning: KNGS has an average volume of 1282 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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.
- KNGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KNGS is lagging the market.
- In the last month KNGS has a been trading in a tight range between 28.32 and 29.22.
- Volume is considerably higher in the last couple of days.
KNGS Weekly and Daily overview Charts
KNGS Setup Rating and Analysis
KNGS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.68, a Stop Loss order could be placed below this zone.
More info and screens
KNGS Support and Resistance Analysis
26.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.58 to 28.68. 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 27.92 to 28.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 26.71 to 26.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 28.79 to 28.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.56 to 29.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
KNGS Technical Indicator Signal Analysis
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 KNGS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KNGS is down. |
| ChartMill Relative Strength | 35.94 | NEUTRAL | KNGS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KNGS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KNGS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KNGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.91 | NEUTRAL | The RSI value for KNGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests KNGS has a positive trend. |
| Stochastics (14,3) | 43.68 | NEUTRAL | The Stochastics value for KNGS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for KNGS suggests low volalility. |
| Average Directional Index/ADX (14) | 11.43 | NEGATIVE | The low ADX value for KNGS suggests a weak or negative trend. |
KNGS Chart- and CandleStick Pattern Analysis
KNGS Technicals: Chart, Performance Metrics, Trend & Indicators
Roundhill S and P Dividend Monarchs ETF
NYSEARCA:KNGS (11/27/2024, 8:49:50 PM)
28.7
-0.05 (-0.16%)
Roundhill S and P Dividend Monarchs ETF / KNGS TA FAQ
Can you provide the ChartMill technical rating for Roundhill S and P Dividend Monarchs ETF?
ChartMill assigns a technical rating of 2 / 10 to KNGS.
Can you provide the trend direction for Roundhill S and P Dividend Monarchs ETF?
The current trend direction for Roundhill S and P Dividend Monarchs ETF (KNGS) is Bullish.
Can you provide the RSI signal for Roundhill S and P Dividend Monarchs ETF?
Roundhill S and P Dividend Monarchs ETF (KNGS) has an RSI value of 47.9086. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Roundhill S and P Dividend Monarchs ETF?
The MACD indicator for Roundhill S and P Dividend Monarchs ETF (KNGS) has a value of 0.021142, indicating a bearish trend.
What is the support and resistance level for KNGS stock?
Roundhill S and P Dividend Monarchs ETF (KNGS) has a support level at 28.68 and a resistance level at 28.79. Check the full technical report for our detailed analysis of KNGS support and resistance levels.