KITE REALTY GROUP TRUST (KRG) Stock Technical Analysis
NYSE:KRG - New York Stock Exchange, Inc. - US49803T3005 - REIT - Currency: USD
Overall KRG gets a technical rating of 0 out of 10. KRG'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.
79% of all other stocks performed better in the past year than KRG.
KRG is one of the lesser performing stocks in the Diversified REITs industry. 64% of 129 stocks in the same industry do better.
KRG has an average volume of 1585900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KRG is lagging the market.
In the last month KRG has a been trading in the 20.86 - 23.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KRG 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 22.05. Right above this resistance zone may be a good entry point.
More info and screens
19.70
23.94
We found 3 important support areas.
- Support @21.09 from a trend line in the daily time frame.
- Support @20.49 from a horizontal line in the weekly time frame.
- Support @19.90 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.05 to 23.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.70 from a horizontal line in the daily time frame.
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 KRG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KRG is neutral. |
| ChartMill Relative Strength | 21.36 | NEGATIVE | KRG has a low relative strength, it was outperformed by 78.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KRG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.91 | NEUTRAL | The RSI value for KRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests KRG has a positive trend. |
| Stochastics (14,3) | 69.39 | NEUTRAL | The Stochastics value for KRG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for KRG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.33 | 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)
21.87
-0.16 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.73%
1 Week2.01%
2 Weeks1.96%
1 Month-4.04%
3 Month2.24%
6 Month-0.27%
12 Month-15.07%
2 Year-3.1%
3 Year12.96%
5 Year94.57%
10 Year-6.98%
15 Year31.12%
Volatility
ATR(14)0.45
ATR(20)%2.36%
ATR Inc-42.72%
Range Today0.24
ADR(20)0.5
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.36
Mansfield-1.49
10 Day High22.28
10 Day Low20.86
20 Day High23.42
20 Day Low20.86
52 Week High28.24
52 Week Low18.52
CS1 End21.09
CR1 Start22.05
Volume & EV
DER(3)0.39%
DER(5)-0.87%
Volume873.90K
Volume Incr-15.93%
Vol(5)1.43M
Vol(50)1.59M