KINETIK HOLDINGS INC (KNTK) Stock Technical Analysis
USA - NYSE:KNTK - US02215L2097 - Common Stock
43.73 USD
+0.48 (+1.11%)
43.73 USD
0 (0%)
Overall KNTK gets a technical rating of 4 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.
When comparing the yearly performance of all stocks, KNTK is a bad performer in the overall market: 74% of all stocks are doing better.
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.
In the last month KNTK has a been trading in the 39.25 - 43.87 range, which is quite wide. It is currently trading near the high of this range.
KNTK has an average volume of 1254520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
KNTK is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 49% of 210 stocks in the same industry.
Although the technical rating is only medium, 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 43.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.67, a Stop Loss order could be placed below this zone.
More info and screens
39.16
44.56
When analyzing the support we notice one important area.
- A support zone ranging from 39.56 to 42.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 43.74 to 44.12. This zone is formed by a combination of multiple trend lines 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 | 26.09 | NEGATIVE | KNTK has a low relative strength, it was outperformed by 73.91% 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) | 61.08 | NEUTRAL | The RSI value for KNTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests KNTK has a positive trend. |
| Stochastics (14,3) | 87.52 | OVERBOUGHT | The high Stochastics value suggests KNTK may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for KNTK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.74 | 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)
43.73
+0.48 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.11%
1 Week4.24%
2 Weeks2.24%
1 Month6.87%
3 Month-1.04%
6 Month-17.47%
12 Month-2.08%
2 Year29.57%
3 Year34.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.34
ATR(20)%2.72%
ATR Inc-8.82%
Range Today0.73
ADR(20)1.13
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.09
Mansfield-2.11
10 Day High43.87
10 Day Low40.06
20 Day High43.87
20 Day Low39.25
52 Week High67.6
52 Week Low39.25
CS1 End42.67
CR1 Start43.74
Volume & EV
DER(3)2.46%
DER(5)1.32%
Volume1.20M
Volume Incr-33.38%
Vol(5)928.24K
Vol(50)1.25M