KORE GROUP HOLDINGS INC (KORE) Stock Technical Analysis
NYSE:KORE - New York Stock Exchange, Inc. - US50066V3050 - Common Stock - Currency: USD
Taking everything into account, KORE scores 3 out of 10 in our technical rating. In the last year, KORE was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
76% of all other stocks performed better in the past year than KORE.
KORE is one of the lesser performing stocks in the Wireless Telecommunication Services industry. 90% of 21 stocks in the same industry do better.
Warning: KORE has an average volume of 13378 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
KORE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month KORE has a been trading in the 2.10 - 2.66 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.
KORE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KORE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.18
2.92
3 important support areas can be observed.
- A support zone ranging from 2.41 to 2.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.31 from a trend line in the daily time frame.
- A support zone ranging from 2.20 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.56 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.89 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.56
Mansfield0.14
10 Day High2.66
10 Day Low2.4
20 Day High2.66
20 Day Low2.1
52 Week High4.88
52 Week Low1.1
Performance
1 Week-4.3%
2 Weeks1.24%
1 Month0%
3 Month6.99%
6 Month23.74%
12 Month-39.79%
2 Year-68.99%
3 Year-88.22%
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)48.73
LBB2.34
UBB2.65
NYSE:KORE (5/5/2025, 3:16:21 PM)
2.55
+0.1 (+4.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg4.08%
1 Week-4.3%
2 Weeks1.24%
1 Month0%
3 Month6.99%
6 Month23.74%
12 Month-39.79%
2 Year-68.99%
3 Year-88.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%6.58%
ATR Inc-2.6%
Range Today0.14
ADR(20)0.16
ADR(20)%6.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.56
Mansfield0.14
10 Day High2.66
10 Day Low2.4
20 Day High2.66
20 Day Low2.1
52 Week High4.88
52 Week Low1.1
CS1 End2.44
CR1 Start2.53
Volume & EV
DER(3)0.51%
DER(5)5.11%
Volume4.24K
Volume Incr-54.49%
Vol(5)7.10K
Vol(50)13.38K