KORE GROUP HOLDINGS INC (KORE)

US50066V1070 - Common Stock

0.7301  -0.05 (-6.35%)

After market: 0.7666 +0.04 (+5%)

Technical Rating and Analysis

0

Overall KORE gets a technical rating of 0 out of 10. KORE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture 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.
When comparing the yearly performance of all stocks, KORE is a bad performer in the overall market: 90% of all stocks are doing better.
KORE is one of the lesser performing stocks in the Wireless Telecommunication Services industry. 90% of 22 stocks in the same industry do better.
KORE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KORE is lagging the market slightly.
In the last month KORE has a been trading in the 0.66 - 0.84 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.
Weekly and Daily overview Charts
KORE Weekly chart
KORE Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, KORE does present a nice setup opportunity. Prices have been consolidating lately.

Support and Resistance Analysis

0.65

0.96

We found 3 important support areas.

  • Support @0.72 from a trend line in the daily time frame.
  • Support @0.70 from a horizontal line in the weekly time frame.
  • Support @0.66 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 0.75 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.86 from a trend line in the weekly time frame.
  • Resistance @0.95 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.4
Mansfield-2.69
10 Day High0.84
10 Day Low0.67
20 Day High0.84
20 Day Low0.66
52 Week High1.76
52 Week Low0.12
Performance
1 Week-6.41%
2 Weeks-4.56%
1 Month-7.25%
3 Month-23.15%
6 Month55.34%
12 Month-36.51%
2 Year-86.43%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)44.08
LBB0.71
UBB0.83
KORE Daily chart

KORE GROUP HOLDINGS INC

NYSE:KORE (4/29/2024, 3:36:15 PM)

After market: 0.7666 +0.04 (+5%)

0.7301

-0.05 (-6.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-6.35%
1 Week-6.41%
2 Weeks-4.56%
1 Month-7.25%
3 Month-23.15%
6 Month55.34%
12 Month-36.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%9.31%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.84
10 Day Low0.67
20 Day High0.84
20 Day Low0.66
52 Week High1.76
52 Week Low0.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume60.93K
Volume Incr-30.03%
Vol(5)23.67K
Vol(50)42.20K