KORIAN (KORI.PA) Technical Analysis
EPA:KORI • FR0010386334
Current stock price
KORI.PA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to KORI. KORI'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.
- 92% of all other stocks performed better in the past year than KORI.
- KORI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KORI is lagging the market.
- In the last month KORI has a been trading in the 6.96 - 7.81 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- KORI is an average performer in the Health Care Providers & Services industry, it outperforms 43% of 33 stocks in the same industry.
KORI.PA Weekly and Daily overview Charts
KORI.PA Setup Rating and Analysis
Although the technical rating is bad, KORI does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
KORI.PA Support and Resistance Analysis
6.92
2 important support areas can be observed.
- Support @7.32 from a trend line in the daily time frame.
- Support @6.99 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.41 to 7.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.86 to 7.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
KORI.PA Technical Indicator Signal Analysis
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 KORI.PA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KORI.PA is neutral. |
| ChartMill Relative Strength | 8.58 | NEGATIVE | KORI.PA has a low relative strength, it was outperformed by 91.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KORI.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KORI.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KORI.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.54 | NEUTRAL | The RSI value for KORI.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests KORI.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.19 | NEUTRAL | The Stochastics value for KORI.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for KORI.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.63 | NEGATIVE | The low ADX value for KORI.PA suggests a weak or negative trend. |
KORI.PA Chart- and CandleStick Pattern Analysis
KORI.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:KORI (6/19/2023, 7:00:00 PM)
7.36
-0.29 (-3.79%)
KORIAN / KORI.PA TA FAQ
What is the technical rating for KORI stock?
ChartMill assigns a technical rating of 1 / 10 to KORI.PA.
What is the trend direction for KORI stock?
The current trend direction for KORIAN (KORI.PA) is Bearish.
What is the RSI signal for KORIAN (KORI.PA) stock?
KORIAN (KORI.PA) has an RSI value of 46.5356. This indicates that the stock is currently neutral.
What is the MACD signal for KORIAN (KORI.PA) stock?
The MACD indicator for KORIAN (KORI.PA) has a value of 0.0100231, indicating a bearish trend.