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 3 out of 10 in our technical rating. KNTK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
KNTK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KNTK is lagging the market.
KNTK is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 70% of 213 stocks in the same industry.
In the last month KNTK has a been trading in the 39.83 - 47.45 range, which is quite wide. It is currently trading near the high of this range.
KNTK has an average volume of 1024090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, KNTK outperforms 53% of them, which is more or less in line with the market.
Although the technical rating is bad, KNTK does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
39.71
47.09
We found 4 important support areas.
- A support zone ranging from 44.65 to 45.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @42.24 from a trend line in the weekly time frame.
- Support @41.55 from a horizontal line in the weekly time frame.
- Support @40.11 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @45.66 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 46.60 to 46.62. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for KNTK is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KNTK is up. |
| ChartMill Relative Strength | 53.04 | NEUTRAL | KNTK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KNTK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of KNTK is above a declining 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) | 53.44 | NEUTRAL | The RSI value for KNTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests KNTK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.08 | NEUTRAL | The Stochastics value for KNTK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for KNTK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.85 | NEUTRAL | The ADX value for KNTK suggests a possible start of a new 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)
45.65
-0.47 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.02%
1 Week0.2%
2 Weeks-1.19%
1 Month12.72%
3 Month-10.82%
6 Month-21.56%
12 Month14.44%
2 Year29.91%
3 Year33.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.45
ATR(20)%3.63%
ATR Inc14.59%
Range Today1.88
ADR(20)1.54
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.04
Mansfield-1.2
10 Day High47.25
10 Day Low43.57
20 Day High47.45
20 Day Low39.83
52 Week High67.6
52 Week Low37.85
CS1 End45.2
CR1 Start45.66
Volume & EV
DER(3)0.52%
DER(5)0.24%
Volume1.15M
Volume Incr-16.7%
Vol(5)1.02M
Vol(50)1.02M