KINETIK HOLDINGS INC (KNTK) Technical Analysis
NYSE:KNTK • US02215L2097
Current stock price
KNTK Technical Rating and Analysis
Taking everything into account, KNTK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KNTK is only an average performer.
- KNTK is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 62% of 209 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- KNTK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KNTK is lagging the market slightly.
- In the last month KNTK has a been trading in the 44.60 - 49.55 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- KNTK has an average volume of 1372910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, KNTK turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- Considerably lower volume is observed in the last couple of days.
KNTK Weekly and Daily overview Charts
KNTK Setup Rating and Analysis
Besides having an excellent technical rating, KNTK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 47.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.63, a Stop Loss order could be placed below this zone.
More info and screens
KNTK Support and Resistance Analysis
44.38
We found 1 important support area.
- A support zone ranging from 44.83 to 45.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.06 to 47.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.59 to 48.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
KNTK 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 KNTK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KNTK is up. |
| ChartMill Relative Strength | 65.58 | NEUTRAL | KNTK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KNTK is below the rising 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 | POSITIVE | The current price of KNTK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.98 | NEUTRAL | The RSI value for KNTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests KNTK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.2 | NEUTRAL | The Stochastics value for KNTK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for KNTK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for KNTK suggests a weak or negative trend. |
KNTK Chart- and CandleStick Pattern Analysis
KNTK Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.43 | 44.82 | 2.61 (5.50%) | 18.17% |
| An entry @47.43. This is a Buy Stop order right above the resistance zone. | An exit @44.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.61 points, which is 5.50%. | When investing 18.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
KNTK Technicals: Chart, Performance Metrics, Trend & Indicators
46.88
+0.36 (+0.77%)
KINETIK HOLDINGS INC / KNTK TA FAQ
Can you provide the ChartMill technical rating for KINETIK HOLDINGS INC?
ChartMill assigns a technical rating of 8 / 10 to KNTK.
What is the current trend direction of KINETIK HOLDINGS INC (KNTK) stock?
The current trend direction for KINETIK HOLDINGS INC (KNTK) is Bullish.
Can you provide the RSI signal for KINETIK HOLDINGS INC?
KINETIK HOLDINGS INC (KNTK) has an RSI value of 52.9841. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KINETIK HOLDINGS INC?
The short term momentum for KINETIK HOLDINGS INC (KNTK) is positive.
What is the buy/sell signal for KINETIK HOLDINGS INC (KNTK) stock?
The buy/sell signal for KINETIK HOLDINGS INC (KNTK) is buy as both the short term and long term trends are positive.