We assign a technical rating of 8 out of 10 to KRE. Although KRE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
KRE has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
57.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 62.44 to 62.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.14 to 60.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 67.24 to 67.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 KRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRE is up. |
| ChartMill Relative Strength | 64.65 | NEUTRAL | KRE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.68 | NEUTRAL | The RSI value for KRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests KRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.86 | OVERBOUGHT | The high Stochastics value suggests KRE may be overbought. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for KRE suggests low volalility. |
| Average Directional Index/ADX (14) | 38.27 | POSITIVE | The high ADX value value for KRE suggests a strong trend. |
67.15
-0.09 (-0.13%)
SS SPDR S&P REGIONAL BANK / KRE FAQ
What is the ChartMill technical rating of SS SPDR S&P REGIONAL BANK (KRE) stock?
ChartMill assigns a technical rating of 8 / 10 to KRE.
What is the trend direction for KRE stock?
The current trend direction for SS SPDR S&P REGIONAL BANK (KRE) is Bullish.
Can you provide the RSI signal for SS SPDR S&P REGIONAL BANK?
SS SPDR S&P REGIONAL BANK (KRE) has an RSI value of 68.6824. This indicates that the stock is currently neutral.
What is the MACD signal for SS SPDR S&P REGIONAL BANK (KRE) stock?
The MACD indicator for SS SPDR S&P REGIONAL BANK (KRE) has a value of 0.100817, indicating a bearish trend.
What is the support and resistance level for KRE stock?
SS SPDR S&P REGIONAL BANK (KRE) has a support level at 62.57 and a resistance level at 67.24. Check the full technical report for our detailed analysis of KRE support and resistance levels.