KERNEL GROUP HOLDINGS INC-A (KRNL) Stock Technical Analysis
NASDAQ:KRNL - Nasdaq - KYG5259L1032 - Common Stock - Currency: USD
Taking everything into account, KRNL scores 1 out of 10 in our technical rating. KRNL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
70% of all other stocks performed better in the past year than KRNL.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: KRNL has an average volume of 7732 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
KRNL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month KRNL has a been trading in the 7.74 - 14.20 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
KRNL 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.
More info and screens
10.19
11.22
We found 1 important support area.
- A support zone ranging from 10.29 to 10.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Strong resistance @10.34 from a horizontal line in the daily time frame.
- Strong resistance @10.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.74 to 11.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 KRNL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KRNL is neutral. |
| ChartMill Relative Strength | 30.22 | NEUTRAL | KRNL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KRNL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KRNL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KRNL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.28 | NEUTRAL | The RSI value for KRNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests KRNL has a negative trend. |
| Stochastics (14,3) | 19 | OVERSOLD | The low Stochastics value suggests KRNL may be oversold. |
| Average True Range in percent/ATR (20) | 7.03 | HIGH VOLATILITY | The high ATR as a percentage value for KRNL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.29 | POSITIVE | The high ADX value value for KRNL 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)
10.3
-0.02 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.19%
1 Week-7.21%
2 Weeks-6.62%
1 Month-6.45%
3 Month-4.19%
6 Month-4.01%
12 Month-1.81%
2 Year4.04%
3 Year6.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%7.03%
ATR Inc750.3%
Range Today6.46
ADR(20)0.69
ADR(20)%6.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.22
Mansfield-1.35
10 Day High14.2
10 Day Low7.74
20 Day High14.2
20 Day Low7.74
52 Week High14.2
52 Week Low7.74
CS1 End10.29
CR1 Start10.34
Volume & EV
DER(3)0.41%
DER(5)4.75%
Volume154.10K
Volume Incr1774.59%
Vol(5)45.74K
Vol(50)7.73K