KERNEL GROUP HOLDINGS INC (KRNLU) Stock Technical Analysis
NASDAQ:KRNLU - Nasdaq - KYG5259L1115 - Currency: USD
Overall KRNLU gets a technical rating of 5 out of 10. In the last year, KRNLU was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
KRNLU is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month KRNLU has a been trading in the 8.66 - 14.78 range, which is quite wide. It is currently trading near the lows of this range.
Warning: KRNLU has an average volume of 2104 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 neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, KRNLU outperforms 47% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
KRNLU has an average technical rating and also the quality of the setup is only medium 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
9.56
11.63
We found 2 important support areas.
- A support zone ranging from 9.82 to 9.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.66 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.59 to 10.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @11.51 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 | NEUTRAL | NEUTRAL | The long term trend for KRNLU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KRNLU is neutral. |
| ChartMill Relative Strength | 47.94 | NEUTRAL | KRNLU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KRNLU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KRNLU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRNLU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.38 | NEUTRAL | The RSI value for KRNLU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests KRNLU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.33 | NEUTRAL | The Stochastics value for KRNLU is a neutral value. |
| Average True Range in percent/ATR (20) | 9.6 | HIGH VOLATILITY | The high ATR as a percentage value for KRNLU suggests high volalility. |
| Average Directional Index/ADX (14) | 28.69 | POSITIVE | The high ADX value value for KRNLU 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)
NASDAQ:KRNLU (8/5/2024, 8:00:02 PM)
10.58
-0.92 (-8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-8%
1 Week9.41%
2 Weeks-1.95%
1 Month-0.28%
3 Month0.76%
6 Month2.57%
12 Month7.19%
2 Year6.44%
3 Year5.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%9.6%
ATR Inc205.05%
Range Today3.86
ADR(20)0.71
ADR(20)%6.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.94
Mansfield-1.89
10 Day High14.78
10 Day Low8.66
20 Day High14.78
20 Day Low8.66
52 Week High14.78
52 Week Low8.66
CS1 End9.94
CR1 Start10.59
Volume & EV
DER(3)-1.31%
DER(5)-1.24%
Volume2.90K
Volume Incr290.59%
Vol(5)3.32K
Vol(50)2.10K