KINETIK HOLDINGS INC (KNTK) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:KNTK • US02215L2097
We assign a technical rating of 5 out of 10 to KNTK. 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: 82% of all stocks are doing better.
- KNTK is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 79% of 207 stocks in the same industry do 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month KNTK has a been trading in the 34.66 - 41.72 range, which is quite wide. It is currently trading near the high of this range.
- KNTK has an average volume of 1096650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KNTK has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.21
We found 3 important support areas.
- A support zone ranging from 37.80 to 38.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.28 to 36.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @35.57 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 45.36 to 45.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 46.36 to 46.60. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for KNTK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KNTK is up. |
| ChartMill Relative Strength | 18.48 | NEGATIVE | KNTK has a low relative strength, it was outperformed by 81.52% 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 | MIXED | The current price of KNTK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.44 | OVERBOUGHT | The high RSI value suggests KNTK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests KNTK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.53 | OVERBOUGHT | The high Stochastics value suggests KNTK may be overbought. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for KNTK suggests some volalility. |
| Average Directional Index/ADX (14) | 30.03 | POSITIVE | The high ADX value value for KNTK suggests a strong trend. |
40.91
+0.22 (+0.54%)
KINETIK HOLDINGS INC / KNTK FAQ
Can you provide the ChartMill technical rating for KINETIK HOLDINGS INC?
ChartMill assigns a technical rating of 5 / 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 Bearish.
What is the RSI signal for KINETIK HOLDINGS INC (KNTK) stock?
KINETIK HOLDINGS INC (KNTK) has an RSI value of 74.4436. This indicates that the stock is currently overbought.
What is the support and resistance level for KNTK stock?
KINETIK HOLDINGS INC (KNTK) has a support level at 38.25 and a resistance level at 45.36. Check the full technical report for our detailed analysis of KNTK support and resistance levels.