Taking everything into account, KNRX scores 3 out of 10 in our technical rating. KNRX 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, KNRX is a bad performer in the overall market: 100% of all stocks are doing better.
- KNRX is one of the lesser performing stocks in the Interactive Media & Services industry. 91% of 70 stocks in the same industry do better.
- In the last month KNRX has a been trading in the 1.20 - 1.85 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, KNRX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.53, a Stop Loss order could be placed below this zone.
More info and screens
1.39
We found 2 important support areas.
- A support zone ranging from 1.48 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.40 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @1.56 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.65 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.74 from a horizontal line in the daily time frame.
- Resistance @1.82 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for KNRX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KNRX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | KNRX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KNRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KNRX is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.84 | NEUTRAL | The RSI value for KNRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests KNRX has a positive trend. |
| Stochastics (14,3) | 26.82 | NEUTRAL | The Stochastics value for KNRX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.05 | HIGH VOLATILITY | The high ATR as a percentage value for KNRX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.07 | NEGATIVE | The low ADX value for KNRX suggests a weak or negative trend. |
1.538
+0.27 (+21.58%)
KNOREX LTD CL-A / KNRX FAQ
What is the technical rating for KNRX stock?
ChartMill assigns a technical rating of 3 / 10 to KNRX.
What is the trend direction for KNRX stock?
The current trend direction for KNOREX LTD CL-A (KNRX) is Bullish.
Can you provide the RSI signal for KNOREX LTD CL-A?
KNOREX LTD CL-A (KNRX) has an RSI value of 49.8407. This indicates that the stock is currently neutral.
What is the short term momentum for KNOREX LTD CL-A (KNRX) stock?
The short term momentum for KNOREX LTD CL-A (KNRX) is negative.
Can you provide the support and resistance levels for KNOREX LTD CL-A?
KNOREX LTD CL-A (KNRX) has a support level at 1.53 and a resistance level at 1.56. Check the full technical report for our detailed analysis of KNRX support and resistance levels.