KARNALYTE RESOURCES INC (KRN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:KRN - CA4856722083 - Common Stock
Overall KRN gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month KRN has a been trading in the 0.18 - 0.29 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- KRN is one of the better performing stocks in the Chemicals industry, it outperforms 84% of 27 stocks in the same industry.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, KRN did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- KRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KRN is lagging the market.
- Considerably lower volume is observed in the last couple of days.
KRN has an average technical rating and it also 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
0.10
We found 2 important support areas.
- Support @0.14 from a horizontal line in the daily time frame.
- Support @0.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.26 from a trend line in the daily time frame.
- Resistance @0.28 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 KRN.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KRN.CA is down. |
| ChartMill Relative Strength | 80.04 | POSITIVE | KRN.CA has a high relative strength, it outperformed 80.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KRN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KRN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.83 | NEUTRAL | The RSI value for KRN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests KRN.CA has a negative trend. |
| Stochastics (14,3) | 7.94 | OVERSOLD | The low Stochastics value suggests KRN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.76 | HIGH VOLATILITY | The high ATR as a percentage value for KRN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.44 | NEGATIVE | The low ADX value for KRN.CA suggests a weak or negative trend. |
TSX:KRN (1/22/2026, 7:00:00 PM)
0.165
-0.01 (-8.33%)
KARNALYTE RESOURCES INC / KRN.CA FAQ
What is the ChartMill technical rating of KARNALYTE RESOURCES INC (KRN.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to KRN.CA.
What is the trend direction for KRN stock?
The current trend direction for KARNALYTE RESOURCES INC (KRN.CA) is Bullish.
What is the RSI signal for KRN stock?
KARNALYTE RESOURCES INC (KRN.CA) has an RSI value of 42.8349. This indicates that the stock is currently neutral.
What is the short term momentum for KRN stock?
The short term momentum for KARNALYTE RESOURCES INC (KRN.CA) is negative.
What are the support and resistance levels for KARNALYTE RESOURCES INC (KRN.CA) stock?
KARNALYTE RESOURCES INC (KRN.CA) has a support level at 0.14 and a resistance level at 0.2. Check the full technical report for our detailed analysis of KRN.CA support and resistance levels.