KEARNY FINANCIAL CORP/MD (KRNY) Stock Technical Analysis
NASDAQ:KRNY - Nasdaq - US48716P1084 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to KRNY. In the last year, KRNY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
KRNY is one of the lesser performing stocks in the Banks industry. 73% of 397 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, KRNY turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
KRNY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KRNY is lagging the market.
In the last month KRNY has a been trading in the 5.95 - 7.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although KRNY has an excellent technical rating, it does not present a decent entry opportunity 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
5.59
7.63
We found 5 important support areas.
- A support zone ranging from 6.32 to 6.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.09 from a trend line in the daily time frame.
- Support @5.90 from a horizontal line in the daily time frame.
- Support @5.75 from a trend line in the weekly time frame.
- A support zone ranging from 5.65 to 5.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.90 to 6.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.55 from a trend 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 KRNY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRNY is up. |
| ChartMill Relative Strength | 57.01 | NEUTRAL | KRNY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRNY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRNY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KRNY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.83 | NEUTRAL | The RSI value for KRNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests KRNY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.08 | NEUTRAL | The Stochastics value for KRNY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for KRNY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.45 | NEUTRAL | The ADX value for KRNY suggests a possible start of a new 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)
6.56
-0.12 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.8%
1 Week-5.61%
2 Weeks1.08%
1 Month2.82%
3 Month15.9%
6 Month-1.94%
12 Month3.96%
2 Year-23.63%
3 Year-43.98%
5 Year-18.41%
10 Year-41.17%
15 Year-30.14%
Volatility
ATR(14)0.18
ATR(20)%2.83%
ATR Inc-31.73%
Range Today0.09
ADR(20)0.18
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.01
Mansfield-1.05
10 Day High7
10 Day Low6.41
20 Day High7
20 Day Low5.95
52 Week High8.59
52 Week Low5.45
CS1 End6.46
CR1 Start6.9
Volume & EV
DER(3)-1.43%
DER(5)-2.52%
Volume245.10K
Volume Incr-11.1%
Vol(5)323.88K
Vol(50)356.84K