KRN Technical Analysis - KRONES AG

Technical Rating and Analysis

Overall KRN gets a technical rating of 1 out of 10. KRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

84% of all other stocks performed better in the past year than KRN.

Warning: KRN has an average volume of 28713 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 neutral. So this is not the most entertaining stock around.

KRN is part of the Machinery industry. There are 102 other stocks in this industry, KRN did better than 40% of them.

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.

In the last month KRN has a been trading in the 118.60 - 136.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

KRN has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

107.91

146.26

We found 2 important support areas.

A support zone ranging from 121.20 to 126.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @109.00 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 132.06 to 134.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 143.81 to 144.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for KRN.DE is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for KRN.DE is neutral.
ChartMill Relative Strength	16.69	NEGATIVE	KRN.DE has a low relative strength, it was outperformed by 83.31% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of KRN.DE is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of KRN.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of KRN.DE is below the rising SMA(200).
Relative Strength Index/RSI (14)	50.18	NEUTRAL	The RSI value for KRN.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.59	POSITIVE	The MACD value suggests KRN.DE has a positive trend.
Stochastics (14,3)	54.84	NEUTRAL	The Stochastics value for KRN.DE is a neutral value.
Average True Range in percent/ATR (20)	2.22	MEDIUM VOLATILITY	The ATR as a percentage value for KRN.DE suggests some volalility.
Average Directional Index/ADX (14)	22.36	NEUTRAL	The ADX value for KRN.DE suggests a possible start of a new trend.