KINETIK HOLDINGS INC (KNTK) Stock Technical Analysis
NYSE:KNTK - New York Stock Exchange, Inc. - US02215L2097 - Common Stock - Currency: USD
Taking everything into account, KNTK scores 1 out of 10 in our technical rating. KNTK'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
72% of all other stocks performed better in the past year than KNTK.
KNTK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
KNTK has an average volume of 1200230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KNTK is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, KNTK did better than 58% of them.
In the last month KNTK has a been trading in the 41.23 - 47.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
KNTK has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
39.71
47.08
We found 4 important support areas.
- A support zone ranging from 42.65 to 43.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.55 from a horizontal line in the weekly time frame.
- Support @40.80 from a horizontal line in the daily time frame.
- Support @40.11 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 45.37 to 45.40. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @46.61 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for KNTK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KNTK is neutral. |
| ChartMill Relative Strength | 28.93 | NEGATIVE | KNTK has a low relative strength, it was outperformed by 71.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KNTK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KNTK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of KNTK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.79 | NEUTRAL | The RSI value for KNTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests KNTK has a positive trend. |
| Stochastics (14,3) | 51 | NEUTRAL | The Stochastics value for KNTK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for KNTK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.5 | NEGATIVE | The low ADX value for KNTK 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)
44.12
+0.2 (+0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.46%
1 Week2.94%
2 Weeks-0.79%
1 Month-2.39%
3 Month-13.9%
6 Month-21.79%
12 Month6.47%
2 Year25.55%
3 Year29.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.44
ATR(20)%3.45%
ATR Inc32.03%
Range Today1.7
ADR(20)1.43
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.93
Mansfield-1.74
10 Day High45.31
10 Day Low41.24
20 Day High47.25
20 Day Low41.24
52 Week High67.6
52 Week Low37.85
CS1 End43.77
CR1 Start45.37
Volume & EV
DER(3)-0.05%
DER(5)-0.66%
Volume2.82M
Volume Incr35.31%
Vol(5)1.63M
Vol(50)1.20M