EASTMAN KODAK CO (KODK) Stock Technical Analysis
NYSE:KODK - New York Stock Exchange, Inc. - US2774614067 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to KODK. KODK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month KODK has a been trading in the 5.56 - 6.27 range, which is quite wide. It is currently trading near the lows of this range.
KODK is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 97% of 503 stocks in the same industry.
KODK has an average volume of 1257990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Although the technical rating is bad, KODK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.64, a Stop Loss order could be placed below this zone.
More info and screens
4.47
6.78
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.91 to 5.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.65 from a trend line in the daily time frame.
- Support @5.44 from a trend line in the weekly time frame.
- A support zone ranging from 5.29 to 5.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.52 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.43 to 6.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.71 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for KODK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KODK is neutral. |
| ChartMill Relative Strength | 54.53 | 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 | MIXED | The current price of KODK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.56 | NEUTRAL | The RSI value for KODK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests KODK has a positive trend. |
| Stochastics (14,3) | 28.34 | NEUTRAL | The Stochastics value for KODK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for KODK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.38 | NEGATIVE | The low ADX value for KODK 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)
5.97
+0.32 (+5.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg5.66%
1 Week3.65%
2 Weeks2.05%
1 Month5.66%
3 Month12.43%
6 Month-11.95%
12 Month8.94%
2 Year8.74%
3 Year8.35%
5 Year-72.68%
10 Year-56.2%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.52%
ATR Inc57.94%
Range Today0.41
ADR(20)0.2
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.53
Mansfield-0.61
10 Day High5.97
10 Day Low5.56
20 Day High6.27
20 Day Low5.56
52 Week High8.24
52 Week Low4.26
CS1 End5.64
CR1 Start5.88
Volume & EV
DER(3)0.64%
DER(5)-0.72%
Volume1.38M
Volume Incr8.25%
Vol(5)1.04M
Vol(50)1.26M