KINETIK HOLDINGS INC (KNTK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KNTK - US02215L2097 - Common Stock
Overall KNTK gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. KNTK was also a bad performer in the overall market in the last year.
Although the technical rating is bad, KNTK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 36.39. Right above this resistance zone may be a good entry point.
More info and screens
32.31
When analyzing the support we can see 2 important areas.
- Support @34.28 from a trend line in the daily time frame.
- Support @32.64 from a horizontal line in the weekly time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 36.39 to 37.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.33 from a horizontal line in the daily time frame.
- Resistance @42.17 from a trend line in the daily time frame.
- Resistance @43.75 from a horizontal line in the daily time frame.
- Resistance @45.36 from a horizontal line in the weekly time frame.
- Resistance @46.60 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 | 15.23 | NEGATIVE | KNTK has a low relative strength, it was outperformed by 84.77% off all stocks 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) | UP | POSITIVE | The current price of KNTK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KNTK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.99 | NEUTRAL | The RSI value for KNTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests KNTK has a positive trend. |
| Stochastics (14,3) | 44.09 | NEUTRAL | The Stochastics value for KNTK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for KNTK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for KNTK suggests a weak or negative trend. |
35.98
+0.19 (+0.53%)
KINETIK HOLDINGS INC / KNTK FAQ
Can you provide the ChartMill technical rating for KINETIK HOLDINGS INC?
ChartMill assigns a technical rating of 2 / 10 to KNTK.
Can you provide the trend direction for KINETIK HOLDINGS INC?
The current trend direction for KINETIK HOLDINGS INC (KNTK) is Bearish.
What is the RSI signal for KINETIK HOLDINGS INC (KNTK) stock?
KINETIK HOLDINGS INC (KNTK) has an RSI value of 52.9894. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KINETIK HOLDINGS INC?
The MACD indicator for KINETIK HOLDINGS INC (KNTK) has a value of 0.0942681, indicating a bearish trend.