SPDR S&P KENSHO NEW ECONOMIE (KOMP) Stock Technical Analysis
NYSEARCA:KOMP - NYSE Arca - US78468R6484 - ETF - Currency: USD
Taking everything into account, KOMP scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KOMP is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
KOMP 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 KOMP is performing more or less in line with the market.
KOMP 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that KOMP is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
KOMP 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 support zone below the current price at 50.96, a Stop Loss order could be placed below this zone.
More info and screens
42.35
55.32
2 important support areas can be observed.
- A support zone ranging from 49.14 to 50.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.78 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @52.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 54.43 to 54.77. This zone is formed by a combination of multiple trend lines 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 KOMP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KOMP is up. |
| ChartMill Relative Strength | 70.74 | POSITIVE | KOMP has a high relative strength, it outperformed 70.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KOMP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KOMP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KOMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.02 | NEUTRAL | The RSI value for KOMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests KOMP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.21 | OVERBOUGHT | The high Stochastics value suggests KOMP may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for KOMP suggests low volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for KOMP 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)
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 |
|---|---|---|---|
| 52.79 | 49.12 | 3.67 (6.95%) | 14.38% |
| An entry @52.79. This is a Buy Stop order right above the resistance zone. | An exit @49.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.67 points, which is 6.95%. | For a 1.00% total portfolio risk, you can invest 14.38% of your capital in this trade. |
- 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.
51.4
+0.05 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week2.02%
2 Weeks2.53%
1 Month7.55%
3 Month5.03%
6 Month-6.14%
12 Month10.11%
2 Year15.25%
3 Year26.79%
5 Year38.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%1.57%
ATR Inc-17.65%
Range Today0.8
ADR(20)0.66
ADR(20)%1.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.74
Mansfield0.04
10 Day High52
10 Day Low49.13
20 Day High52
20 Day Low48.2
52 Week High55.31
52 Week Low39.63
CS1 End50.96
CR1 Start52.78
Volume & EV
DER(3)-4.88%
DER(5)-1.24%
Volume55.50K
Volume Incr-36.73%
Vol(5)63.58K
Vol(50)138.38K