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 one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 67% of 207 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month KNTK has a been trading in the 40.91 - 48.37 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 1434080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, KNTK did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- 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.
- Considerably lower volume is observed in the last couple of days.
KNTK Weekly and Daily overview Charts
KNTK Setup Rating and Analysis
KNTK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 45.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.36, 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
44.10
When analyzing the support we notice one important area.
- A support zone ranging from 44.55 to 45.36. 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.
- Resistance @45.61 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 46.35 to 47.01. This zone is formed by a combination of multiple trend lines 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 | 70.39 | POSITIVE | KNTK has a high relative strength, it outperformed 70.39% 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) | UP | POSITIVE | The current price of KNTK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.89 | NEUTRAL | The RSI value for KNTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests KNTK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.76 | NEUTRAL | The Stochastics value for KNTK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for KNTK suggests some volalility. |
| Average Directional Index/ADX (14) | 35.54 | 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 |
|---|---|---|---|
| 45.62 | 44.54 | 1.08 (2.37%) | 25.00% |
| An entry @45.62. This is a Buy Stop order right above the resistance zone. | An exit @44.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.08 points, which is 2.37%. | For a 0.59% 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
45.4
+0.77 (+1.73%)
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 56.8886. 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 45.36 and a resistance level at 45.61. Check the full technical report for our detailed analysis of KNTK support and resistance levels.