KOPPERS HOLDINGS INC (KOP) Technical Analysis
NYSE:KOP • US50060P1066
Taking everything into account, KOP scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, KOP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- KOP is part of the Chemicals industry. There are 83 other stocks in this industry. KOP outperforms 82% of them.
- KOP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month KOP has a been trading in the 30.45 - 38.74 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that KOP is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although KOP has an excellent technical rating, it does not present a decent entry opportunity 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
26.09
We found 4 important support areas.
- A support zone ranging from 35.41 to 35.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @33.71 from a horizontal line in the daily time frame.
- A support zone ranging from 27.11 to 27.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.35 to 26.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 38.56 to 38.56. 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 KOP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KOP is up. |
| ChartMill Relative Strength | 87.18 | POSITIVE | KOP has a high relative strength, it outperformed 87.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KOP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KOP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KOP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.12 | OVERBOUGHT | The high RSI value suggests KOP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests KOP has a positive trend. |
| Stochastics (14,3) | 78.89 | NEUTRAL | The Stochastics value for KOP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for KOP suggests some volalility. |
| Average Directional Index/ADX (14) | 38.45 | POSITIVE | The high ADX value value for KOP suggests a strong trend. |
KOP Technicals: Chart, Performance Metrics, Trend & Indicators
38.55
+1.82 (+4.96%)
KOPPERS HOLDINGS INC / KOP FAQ
What is the technical rating for KOP stock?
ChartMill assigns a technical rating of 9 / 10 to KOP.
What is the trend direction for KOP stock?
The current trend direction for KOPPERS HOLDINGS INC (KOP) is Bullish.
What is the RSI signal for KOPPERS HOLDINGS INC (KOP) stock?
KOPPERS HOLDINGS INC (KOP) has an RSI value of 74.1244. This indicates that the stock is currently overbought.
What is the buy/sell signal for KOP stock?
The buy/sell signal for KOPPERS HOLDINGS INC (KOP) is buy as both the short term and long term trends are positive.
What is the support and resistance level for KOP stock?
KOPPERS HOLDINGS INC (KOP) has a support level at 35.91 and a resistance level at 38.56. Check the full technical report for our detailed analysis of KOP support and resistance levels.