KINETIK HOLDINGS INC (KNTK)
US02215L2097 - Common Stock
We assign a technical rating of 10 out of 10 to KNTK. Both in the recent history as in the last year, KNTK has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, KNTK did better than 83% of all other stocks. On top of that, KNTK also shows a nice and consistent pattern of rising prices.
KNTK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so KNTK is performing more or less in line with the market.
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 is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, KNTK did better than 65% of them.
Besides having an excellent technical rating, KNTK also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 39.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.55, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.80
41.09
We found 3 important support areas.
- A support zone ranging from 38.32 to 38.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.37 to 33.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.12 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 39.88 to 40.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.68 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.55
Mansfield0.08
10 Day High39.72
10 Day Low37.67
20 Day High40.42
20 Day Low37.67
52 Week High40.42
52 Week Low26.32
Performance
1 Week0.21%
2 Weeks-1.15%
1 Month0.03%
3 Month14.66%
6 Month9.39%
12 Month25.19%
2 Year8.39%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.22
RSI(14)53.57
LBB38.24
UBB39.61
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 |
|---|---|---|---|
| 38.81 | 38.31 | 0.50 (1.29%) | 25.00% |
| An entry @38.81. This is a Buy Stop order right above the 10 day moving average. | An exit @38.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.50 points, which is 1.29%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.32%. |
- 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.
KINETIK HOLDINGS INC
NYSE:KNTK (4/23/2024, 7:09:20 PM)
After market: 39.62 +1.06 (+2.75%)38.56
-0.46 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.18%
1 Week0.21%
2 Weeks-1.15%
1 Month0.03%
3 Month14.66%
6 Month9.39%
12 Month25.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.79
ATR(20)%2.01%
ATR Inc
Range Today0.94
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High39.72
10 Day Low37.67
20 Day High40.42
20 Day Low37.67
52 Week High40.42
52 Week Low26.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume533.90K
Volume Incr-24.53%
Vol(5)518.54K
Vol(50)704.02K