KOPIN CORP (KOPN) Stock Technical Analysis
NASDAQ:KOPN • US5006001011
We assign a technical rating of 2 out of 10 to KOPN. Although KOPN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month KOPN has a been trading in the 2.12 - 2.87 range, which is quite wide. It is currently trading near the lows of this range.
- KOPN has an average volume of 3274610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that KOPN is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- KOPN is part of the Semiconductors & Semiconductor Equipment industry. There are 114 other stocks in this industry, KOPN did better than 46% of them.
- KOPN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KOPN is lagging the market.
- Considerably lower volume is observed in the last couple of days.
KOPN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.19, a Stop Loss order could be placed below this zone.
More info and screens
2.12
2 important support areas can be observed.
- A support zone ranging from 2.18 to 2.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.34 to 2.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.96 from a trend line in the daily time frame.
- Resistance @3.06 from a trend line in the weekly 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 KOPN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KOPN is down. |
| ChartMill Relative Strength | 85.68 | POSITIVE | KOPN has a high relative strength, it outperformed 85.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KOPN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KOPN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KOPN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.57 | NEUTRAL | The RSI value for KOPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests KOPN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.59 | NEUTRAL | The Stochastics value for KOPN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.21 | HIGH VOLATILITY | The high ATR as a percentage value for KOPN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.28 | NEUTRAL | The ADX value for KOPN suggests a possible start of a new trend. |
2.33
+0.17 (+7.87%)
KOPIN CORP / KOPN FAQ
What is the ChartMill technical rating of KOPIN CORP (KOPN) stock?
ChartMill assigns a technical rating of 2 / 10 to KOPN.
What is the trend direction for KOPN stock?
The current trend direction for KOPIN CORP (KOPN) is Bearish.
Can you provide the RSI signal for KOPIN CORP?
KOPIN CORP (KOPN) has an RSI value of 46.5707. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KOPIN CORP?
The short term momentum for KOPIN CORP (KOPN) is negative.
Can you provide the buy/sell signal for KOPIN CORP?
The buy/sell signal for KOPIN CORP (KOPN) is sell as both the short term and long term trends are negative.