36KR HOLDINGS INC (KRKR) Stock Technical Analysis
NASDAQ:KRKR - Nasdaq - US88429K2024 - ADR - Currency: USD
We assign a technical rating of 8 out of 10 to KRKR. Although KRKR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: KRKR has an average volume of 9998 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
KRKR is part of the Interactive Media & Services industry. There are 71 other stocks in this industry. KRKR outperforms 77% of them.
KRKR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that KRKR is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
KRKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KRKR is lagging the market.
KRKR 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
3.56
6.58
3 important support areas can be observed.
- A support zone ranging from 5.75 to 5.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.95 from a trend line in the daily time frame.
- Support @3.60 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.83 to 5.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.51 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for KRKR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRKR is up. |
| ChartMill Relative Strength | 77.71 | POSITIVE | KRKR has a high relative strength, it outperformed 77.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KRKR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRKR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRKR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.62 | NEUTRAL | The RSI value for KRKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests KRKR has a negative trend. |
| Stochastics (14,3) | 46.13 | NEUTRAL | The Stochastics value for KRKR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for KRKR suggests some volalility. |
| Average Directional Index/ADX (14) | 51.16 | POSITIVE | The high ADX value value for KRKR suggests a strong 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)
5.8079
-0.09 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.56%
1 Week-0.12%
2 Weeks0.14%
1 Month5.41%
3 Month50.73%
6 Month71.33%
12 Month-23.98%
2 Year-66.62%
3 Year-72.08%
5 Year-91.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%3.05%
ATR Inc71.62%
Range Today0.36
ADR(20)0.16
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.71
Mansfield1.73
10 Day High6.16
10 Day Low5.68
20 Day High6.16
20 Day Low5.36
52 Week High12.99
52 Week Low2.76
CS1 End5.8
CR1 Start5.83
Volume & EV
DER(3)0.26%
DER(5)0.16%
Volume5.30K
Volume Incr-57.09%
Vol(5)2.30K
Vol(50)10.00K