KITE REALTY GROUP TRUST (KRG) Stock Technical Analysis
NYSE:KRG • US49803T3005
Overall KRG gets a technical rating of 8 out of 10. Although KRG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- KRG is part of the Diversified REITs industry. There are 122 other stocks in this industry. KRG outperforms 72% of them.
- KRG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month KRG has a been trading in the 22.58 - 25.19 range, which is quite wide. It is currently trading near the high of this range.
- KRG has an average volume of 1937030 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 68% of all stocks.
Although KRG has an excellent technical rating, it does not offer a high quality setup 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
4 important support areas can be observed.
- A support zone ranging from 22.83 to 23.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.30 from a horizontal line in the daily time frame.
- A support zone ranging from 21.33 to 21.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.04 to 25.04. 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 | 68.72 | NEUTRAL | KRG is not amongst the best or worst performers 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) | 65.54 | NEUTRAL | The RSI value for KRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests KRG has a positive trend. |
| Stochastics (14,3) | 83.52 | OVERBOUGHT | The high Stochastics value suggests KRG may be overbought. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for KRG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.85 | NEUTRAL | The ADX value for KRG suggests a possible start of a new trend. |
25.03
+0.47 (+1.91%)
KITE REALTY GROUP TRUST / KRG FAQ
Can you provide the ChartMill technical rating for KITE REALTY GROUP TRUST?
ChartMill assigns a technical rating of 8 / 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 65.5376. 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 positive.
What is the buy/sell signal for KRG stock?
The buy/sell signal for KITE REALTY GROUP TRUST (KRG) is buy as both the short term and long term trends are positive.