36KR HOLDINGS INC (KRKR) Stock Technical Analysis
NASDAQ:KRKR - Nasdaq - US88429K2024 - ADR - Currency: USD
Overall KRKR gets a technical rating of 8 out of 10. 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 10230 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
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 performance of all stocks over the past year, KRKR turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
KRKR is an average performer in the Interactive Media & Services industry, it outperforms 67% of 71 stocks in the same industry.
KRKR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KRKR is lagging the market slightly.
KRKR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KRKR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.56
6.58
We found 3 important support areas.
- A support zone ranging from 5.74 to 5.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.94 from a trend line in the daily time frame.
- Support @3.60 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.81 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 | 42.99 | NEUTRAL | KRKR is not amongst the best or worst performers 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) | 66.93 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 37.72 | NEUTRAL | The Stochastics value for KRKR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for KRKR suggests some volalility. |
| Average Directional Index/ADX (14) | 50.31 | 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)
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 |
|---|---|---|---|
| 5.93 | 5.73 | 0.20 (3.37%) | 25.00% |
| An entry @5.93. This is a Buy Stop order right above the resistance zone. | An exit @5.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.20 points, which is 3.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- 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.
5.81
-0.09 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.53%
1 Week1.72%
2 Weeks1.72%
1 Month11.32%
3 Month26.07%
6 Month75.07%
12 Month-26.34%
2 Year-66.09%
3 Year-71.63%
5 Year-91.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%3.04%
ATR Inc7.44%
Range Today0.36
ADR(20)0.15
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.99
Mansfield1.8
10 Day High5.98
10 Day Low5.68
20 Day High6.08
20 Day Low5.36
52 Week High12.99
52 Week Low2.76
CS1 End5.84
CR1 Start5.92
Volume & EV
DER(3)7.39%
DER(5)4.43%
Volume5.51K
Volume Incr-67.1%
Vol(5)1.88K
Vol(50)10.23K