KITE REALTY GROUP TRUST (KRG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KRG - US49803T3005 - REIT
23.38 USD
-0.99 (-4.06%)
23.38 USD
0 (0%)
Overall KRG gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KRG is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
KRG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KRG is lagging the market slightly.
KRG has an average volume of 1906580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, KRG turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
KRG is an average performer in the Diversified REITs industry, it outperforms 58% of 126 stocks in the same industry.
In the last month KRG has a been trading in the 22.78 - 24.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although KRG has an excellent technical rating, it does not present a decent entry opportunity 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
20.00
24.61
When analyzing the support we can see 5 important areas.
- A support zone ranging from 22.93 to 23.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.00 to 22.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 21.52 to 21.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.94 to 20.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.20 to 20.49. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.80 to 24.37. This zone is formed by a combination of multiple trend lines and important moving averages 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 KRG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KRG is neutral. |
| ChartMill Relative Strength | 53.06 | NEUTRAL | KRG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KRG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.01 | NEUTRAL | The RSI value for KRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests KRG has a negative trend. |
| Stochastics (14,3) | 62.74 | NEUTRAL | The Stochastics value for KRG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for KRG suggests low volalility. |
| Average Directional Index/ADX (14) | 19.3 | NEGATIVE | The low ADX value for KRG suggests a weak or negative trend. |
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)
23.38
-0.99 (-4.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-4.06%
1 Week-1.81%
2 Weeks-2.7%
1 Month2.63%
3 Month9.61%
6 Month3.82%
12 Month3.27%
2 Year9.25%
3 Year7.74%
5 Year46.68%
10 Year-11.77%
15 Year10.7%
Volatility
ATR(14)0.39
ATR(20)%1.67%
ATR Inc152.95%
Range Today0.71
ADR(20)0.37
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.06
3 months CRS76
6 months CRS50.52
Mansfield-0.72
10 Day High24.5
10 Day Low23.29
20 Day High24.5
20 Day Low22.78
52 Week High24.54
52 Week Low18.52
CS1 End23.15
CR1 Start23.8
Volume & EV
DER(3)-4.23%
DER(5)-3.45%
Volume2.51M
Volume Incr29.83%
Vol(5)2.57M
Vol(50)1.91M
KITE REALTY GROUP TRUST / KRG FAQ
Can you provide the ChartMill technical rating for KITE REALTY GROUP TRUST?
ChartMill assigns a technical rating of 7 / 10 to KRG.
What is the trend direction for KRG stock?
The current trend direction for KITE REALTY GROUP TRUST (KRG) is Bullish.
What is the RSI signal for KITE REALTY GROUP TRUST (KRG) stock?
KITE REALTY GROUP TRUST (KRG) has an RSI value of 47.0071. This indicates that the stock is currently neutral.
What is the short term momentum for KITE REALTY GROUP TRUST (KRG) stock?
The short term momentum for KITE REALTY GROUP TRUST (KRG) is neutral.