KEARNY FINANCIAL CORP/MD (KRNY) Stock Technical Analysis
NASDAQ:KRNY • US48716P1084
Taking everything into account, KRNY scores 8 out of 10 in our technical rating. Although KRNY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- KRNY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KRNY is lagging the market slightly.
- In the last month KRNY has a been trading in the 7.53 - 8.33 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, KRNY did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- KRNY is part of the Banks industry. There are 381 other stocks in this industry, KRNY did better than 70% of them.
KRNY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.11, a Stop Loss order could be placed below this zone.
More info and screens
6.13
6 important support areas can be observed.
- A support zone ranging from 7.99 to 8.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.34 to 7.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.05 from a trend line in the weekly time frame.
- Support @6.61 from a trend line in the daily time frame.
- Support @6.42 from a horizontal line in the daily time frame.
- Support @6.19 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.22 to 8.27. This zone is formed by a combination of multiple trend lines 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 | 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 | 78.23 | POSITIVE | KRNY has a high relative strength, it outperformed 78.23% off all stocks 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) | UP | POSITIVE | The current price of KRNY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.49 | NEUTRAL | The RSI value for KRNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests KRNY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.43 | NEUTRAL | The Stochastics value for KRNY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for KRNY suggests some volalility. |
| Average Directional Index/ADX (14) | 33.39 | POSITIVE | The high ADX value value for KRNY suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.28 | 7.98 | 0.30 (3.62%) | 25.00% |
| An entry @8.28. This is a Buy Stop order right above the resistance zone. | An exit @7.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 3.62%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of KRNY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.21
+0.09 (+1.11%)
KEARNY FINANCIAL CORP/MD / KRNY FAQ
Can you provide the ChartMill technical rating for KEARNY FINANCIAL CORP/MD?
ChartMill assigns a technical rating of 8 / 10 to KRNY.
Can you provide the trend direction for KEARNY FINANCIAL CORP/MD?
The current trend direction for KEARNY FINANCIAL CORP/MD (KRNY) is Bullish.
What is the RSI signal for KEARNY FINANCIAL CORP/MD (KRNY) stock?
KEARNY FINANCIAL CORP/MD (KRNY) has an RSI value of 60.4905. This indicates that the stock is currently neutral.
What is the short term momentum for KEARNY FINANCIAL CORP/MD (KRNY) stock?
The short term momentum for KEARNY FINANCIAL CORP/MD (KRNY) is positive.
What is the buy/sell signal for KRNY stock?
The buy/sell signal for KEARNY FINANCIAL CORP/MD (KRNY) is buy as both the short term and long term trends are positive.