Kraton Corporation (KRA) Technical Analysis
NYSE:KRA
Current stock price
KRA Technical Rating and Analysis
Taking everything into account, KRA scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, KRA 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.
- KRA is one of the better performing stocks in the Chemicals industry, it outperforms 71% of 83 stocks in the same industry.
- KRA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so KRA is leading the market.
- When comparing the yearly performance of all stocks, we notice that KRA 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.
- In the last month KRA has a been trading in a tight range between 45.60 and 46.52.
- Volume is considerably higher in the last couple of days.
KRA Weekly and Daily overview Charts
KRA Setup Rating and Analysis
Besides having an excellent technical rating, KRA also presents 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 46.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.38, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
KRA Support and Resistance Analysis
37.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 45.45 to 46.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.50 to 46.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
KRA 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 | UP | POSITIVE | The long term trend for KRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRA is up. |
| ChartMill Relative Strength | 85.47 | POSITIVE | KRA has a high relative strength, it outperformed 85.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.05 | NEUTRAL | The RSI value for KRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KRA has a positive trend. |
| Stochastics (14,3) | 89.23 | OVERBOUGHT | The high Stochastics value suggests KRA may be overbought. |
| Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for KRA suggests low volalility. |
KRA Chart- and CandleStick Pattern Analysis
KRA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 46.80 | 46.04 | 0.76 (1.62%) | 25.00% |
| An entry @46.80. This is a Buy Stop order right above the resistance zone. | An exit @46.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.76 points, which is 1.62%. | For a 0.41% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
KRA Technicals: Chart, Performance Metrics, Trend & Indicators
46.49
+0.01 (+0.02%)
Kraton Corporation / KRA TA FAQ
What is the ChartMill technical rating of Kraton Corporation (KRA) stock?
ChartMill assigns a technical rating of 7 / 10 to KRA.
Can you provide the trend direction for Kraton Corporation?
The current trend direction for Kraton Corporation (KRA) is Bullish.
What is the RSI signal for KRA stock?
Kraton Corporation (KRA) has an RSI value of 59.051. This indicates that the stock is currently neutral.
What is the MACD signal for Kraton Corporation (KRA) stock?
The MACD indicator for Kraton Corporation (KRA) has a value of 0.0327178, indicating a bearish trend.
Can you provide the buy/sell signal for Kraton Corporation?
The buy/sell signal for Kraton Corporation (KRA) is buy as both the short term and long term trends are positive.