KRAKACQUISITION CORP (KRAQU) Technical Analysis
NASDAQ:KRAQU • KYG5315G1221
Current stock price
KRAQU Technical Rating and Analysis
Overall KRAQU gets a technical rating of 3 out of 10. KRAQU performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, KRAQU is a bad performer in the overall market: 100% of all stocks are doing better.
- The long and short term trends are both positive. This is looking good!
- In the last month KRAQU has a been trading in a tight range between 10.01 and 10.08.
- Considerably lower volume is observed in the last couple of days.
KRAQU Weekly and Daily overview Charts
KRAQU Setup Rating and Analysis
KRAQU has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.03, a Stop Loss order could be placed below this zone.
More info and screens
KRAQU Support and Resistance Analysis
9.90
We found 1 important support area.
- A support zone ranging from 10.00 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.05 to 10.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
KRAQU 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 KRAQU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRAQU is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | KRAQU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KRAQU is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KRAQU is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.7 | NEUTRAL | The RSI value for KRAQU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests KRAQU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.33 | NEUTRAL | The Stochastics value for KRAQU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for KRAQU suggests low volalility. |
| Average Directional Index/ADX (14) | 9.61 | NEGATIVE | The low ADX value for KRAQU suggests a weak or negative trend. |
KRAQU Chart- and CandleStick Pattern Analysis
KRAQU Technicals: Chart, Performance Metrics, Trend & Indicators
10.04
0 (0%)
KRAKACQUISITION CORP / KRAQU TA FAQ
What is the ChartMill technical rating of KRAKACQUISITION CORP (KRAQU) stock?
ChartMill assigns a technical rating of 3 / 10 to KRAQU.
Can you provide the trend direction for KRAKACQUISITION CORP?
The current trend direction for KRAKACQUISITION CORP (KRAQU) is Bullish.
What is the RSI signal for KRAQU stock?
KRAKACQUISITION CORP (KRAQU) has an RSI value of 50.7025. This indicates that the stock is currently neutral.
What is the MACD signal for KRAQU stock?
The MACD indicator for KRAKACQUISITION CORP (KRAQU) has a value of -0.0580166, indicating a bearish trend.
What are the support and resistance levels for KRAKACQUISITION CORP (KRAQU) stock?
KRAKACQUISITION CORP (KRAQU) has a support level at 10.03 and a resistance level at 10.05. Check the full technical report for our detailed analysis of KRAQU support and resistance levels.