EASTMAN KODAK CO (KODK) Stock Technical Analysis
NYSE:KODK • US2774614067
Taking everything into account, KODK scores 5 out of 10 in our technical rating. In the last year, KODK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- KODK is part of the Technology Hardware, Storage & Peripherals industry. There are 36 other stocks in this industry. KODK outperforms 85% of them.
- When comparing the performance of all stocks over the past year, KODK turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- KODK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KODK is lagging the market.
- In the last month KODK has a been trading in the 7.16 - 7.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
KODK has only a medium technical rating, but it does show a decent setup pattern. 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 7.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.62, a Stop Loss order could be placed below this zone.
More info and screens
6.18
We found 5 important support areas.
- A support zone ranging from 7.44 to 7.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.12 from a horizontal line in the weekly time frame.
- Support @6.97 from a horizontal line in the daily time frame.
- A support zone ranging from 6.75 to 6.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.24 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.69 to 7.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for KODK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KODK is neutral. |
| ChartMill Relative Strength | 54.44 | NEUTRAL | KODK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KODK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KODK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KODK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.17 | NEUTRAL | The RSI value for KODK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests KODK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.78 | NEUTRAL | The Stochastics value for KODK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for KODK suggests some volalility. |
| Average Directional Index/ADX (14) | 11.17 | NEGATIVE | The low ADX value for KODK suggests a weak or negative trend. |
7.63
-0.11 (-1.42%)
EASTMAN KODAK CO / KODK FAQ
What is the ChartMill technical rating of EASTMAN KODAK CO (KODK) stock?
ChartMill assigns a technical rating of 5 / 10 to KODK.
What is the current trend direction of EASTMAN KODAK CO (KODK) stock?
The current trend direction for EASTMAN KODAK CO (KODK) is Bullish.
What is the RSI signal for KODK stock?
EASTMAN KODAK CO (KODK) has an RSI value of 49.1739. This indicates that the stock is currently neutral.
What is the MACD signal for EASTMAN KODAK CO (KODK) stock?
The MACD indicator for EASTMAN KODAK CO (KODK) has a value of 0.04219, indicating a bearish trend.
What is the short term momentum for KODK stock?
The short term momentum for EASTMAN KODAK CO (KODK) is neutral.