KINSALE CAPITAL GROUP INC (KNSL) Stock Technical Analysis
NYSE:KNSL - New York Stock Exchange, Inc. - US49714P1084 - Common Stock - Currency: USD
Taking everything into account, KNSL scores 5 out of 10 in our technical rating. In the past year, KNSL was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
KNSL is one of the better performing stocks in the Insurance industry, it outperforms 73% of 143 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, KNSL did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
KNSL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KNSL is lagging the market slightly.
In the last month KNSL has a been trading in the 420.52 - 477.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KNSL has only a medium 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 465.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 459.46, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
412.31
530.97
We found 3 important support areas.
- A support zone ranging from 449.22 to 459.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 424.05 to 424.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 416.47 to 416.48. 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 465.13 to 475.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 489.53 to 496.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @515.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 524.23 to 525.71. 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 KNSL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KNSL is neutral. |
| ChartMill Relative Strength | 85.18 | POSITIVE | KNSL has a high relative strength, it outperformed 85.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KNSL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KNSL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KNSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.52 | NEUTRAL | The RSI value for KNSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.55 | POSITIVE | The MACD value suggests KNSL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.87 | NEUTRAL | The Stochastics value for KNSL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for KNSL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.58 | NEGATIVE | The low ADX value for KNSL 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)
463.61
+10.46 (+2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.31%
1 Week0.02%
2 Weeks2.1%
1 Month10.39%
3 Month8.19%
6 Month-7.03%
12 Month18.27%
2 Year53.02%
3 Year110.85%
5 Year210.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.09
ATR(20)%3.02%
ATR Inc-10.72%
Range Today11.95
ADR(20)13.71
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.18
Mansfield0.12
10 Day High477.32
10 Day Low436.32
20 Day High477.32
20 Day Low420.52
52 Week High531.79
52 Week Low366.92
CS1 End459.46
CR1 Start465.13
Volume & EV
DER(3)-0.64%
DER(5)0.88%
Volume122.70K
Volume Incr-28.31%
Vol(5)159.26K
Vol(50)192.62K