KITE REALTY GROUP TRUST (KRG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KRG - US49803T3005 - REIT
Taking everything into account, KRG scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, KRG is a bad performer.
KRG has only a medium 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 23.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.59, a Stop Loss order could be placed below this zone.
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20.00
4 important support areas can be observed.
- A support zone ranging from 22.33 to 22.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.55 to 21.81. 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 the daily time frame.
- 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 23.17 to 23.32. 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 KRG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRG is up. |
| ChartMill Relative Strength | 27.87 | NEGATIVE | KRG has a low relative strength, it was outperformed by 72.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRG is above 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) | 61.52 | NEUTRAL | The RSI value for KRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests KRG has a positive trend. |
| Stochastics (14,3) | 87.71 | OVERBOUGHT | The high Stochastics value suggests KRG may be overbought. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for KRG suggests low volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for KRG suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 23.33 | 22.32 | 1.01 (4.33%) | 23.10% |
| An entry @23.33. This is a Buy Stop order right above the resistance zone. | An exit @22.32. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.01 points, which is 4.33%. | For a 1.00% total portfolio risk, you can invest 23.10% 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.
23.14
+0.07 (+0.3%)
KITE REALTY GROUP TRUST / KRG FAQ
Can you provide the ChartMill technical rating for KITE REALTY GROUP TRUST?
ChartMill assigns a technical rating of 6 / 10 to KRG.
What is the current trend direction of KITE REALTY GROUP TRUST (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 61.5196. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KITE REALTY GROUP TRUST?
The MACD indicator for KITE REALTY GROUP TRUST (KRG) has a value of 0.0893506, indicating a bearish trend.
Can you provide the support and resistance levels for KITE REALTY GROUP TRUST?
KITE REALTY GROUP TRUST (KRG) has a support level at 22.59 and a resistance level at 23.17. Check the full technical report for our detailed analysis of KRG support and resistance levels.