KINETIK HOLDINGS INC (KNTK) Technical Analysis
NYSE:KNTK • US02215L2097
Current stock price
KNTK Technical Rating and Analysis
Overall KNTK gets a technical rating of 8 out of 10. 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 part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 77% are performing better than KNTK.
- The long and short term trends are both positive. This is looking good!
- KNTK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- KNTK has an average volume of 1426590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, KNTK outperforms 55% of them, which is more or less in line with the market.
- KNTK 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 KNTK is lagging the market slightly.
KNTK Weekly and Daily overview Charts
KNTK Setup Rating and Analysis
Besides having an excellent technical rating, KNTK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 44.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KNTK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
KNTK Support and Resistance Analysis
43.74
When analyzing the support we notice one important area.
- A support zone ranging from 44.18 to 44.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 44.96 to 45.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.01 from a horizontal line in the daily time frame.
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 | 55.1 | 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) | DOWN | MIXED | The current price of KNTK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.46 | NEUTRAL | The RSI value for KNTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests KNTK has a negative trend. |
| Stochastics (14,3) | 48.38 | NEUTRAL | The Stochastics value for KNTK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for KNTK suggests some volalility. |
| Average Directional Index/ADX (14) | 37.71 | POSITIVE | The high ADX value value for KNTK suggests a strong 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 |
|---|---|---|---|
| 45.70 | 44.17 | 1.53 (3.35%) | 25.00% |
| An entry @45.70. This is a Buy Stop order right above the resistance zone. | An exit @44.17. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.53 points, which is 3.35%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of KNTK. Please evaluate whether better entry and exit points can be found.
- 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
44.84
-0.3 (-0.66%)
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.
What is the RSI signal for KINETIK HOLDINGS INC (KNTK) stock?
KINETIK HOLDINGS INC (KNTK) has an RSI value of 54.4554. This indicates that the stock is currently neutral.
What is the buy/sell signal for KNTK stock?
The buy/sell signal for KINETIK HOLDINGS INC (KNTK) is buy as both the short term and long term trends are positive.
What is the support and resistance level for KNTK stock?
KINETIK HOLDINGS INC (KNTK) has a support level at 44.83 and a resistance level at 44.96. Check the full technical report for our detailed analysis of KNTK support and resistance levels.