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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KRKR is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: KRKR has an average volume of 6496 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month KRKR has a been trading in the 5.31 - 6.23 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, KRKR did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
KRKR is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, KRKR did better than 69% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although KRKR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.56
6.58
4 important support areas can be observed.
- A support zone ranging from 5.45 to 5.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.30 to 5.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.13 from a trend line in the daily time frame.
- Support @3.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for KRKR is neutral. |
| ChartMill Relative Strength | 84.47 | POSITIVE | KRKR has a high relative strength, it outperformed 84.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRKR is above 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) | 62.77 | NEUTRAL | The RSI value for KRKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests KRKR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.53 | NEUTRAL | The Stochastics value for KRKR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for KRKR suggests some volalility. |
| Average Directional Index/ADX (14) | 27.56 | 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)
6.15
+0.56 (+10.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg10.02%
1 Week11.8%
2 Weeks6.03%
1 Month4.24%
3 Month54.52%
6 Month82.63%
12 Month2.36%
2 Year-66.58%
3 Year-73.94%
5 Year-90.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%3.27%
ATR Inc129.52%
Range Today0.49
ADR(20)0.12
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.47
Mansfield2.28
10 Day High6.23
10 Day Low5.31
20 Day High6.23
20 Day Low5.31
52 Week High12.99
52 Week Low2.76
CS1 End5.45
CR1 Start6.51
Volume & EV
DER(3)2.01%
DER(5)1.2%
Volume15.90K
Volume Incr37.98%
Vol(5)3.76K
Vol(50)6.50K