KEARNY FINANCIAL CORP/MD (KRNY) Stock Technical Analysis
USA - NASDAQ:KRNY - US48716P1084 - Common Stock
Taking everything into account, KRNY scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KRNY is only an average performer.
Besides having an excellent technical rating, KRNY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 6.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.65, a Stop Loss order could be placed below this zone.
More info and screens
5.78
We found 2 important support areas.
- A support zone ranging from 6.42 to 6.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.84 to 5.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.75 to 6.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 6.96 to 6.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.23 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 | 53.12 | 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 | MIXED | The current price of KRNY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.22 | 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) | 52.29 | NEUTRAL | The Stochastics value for KRNY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for KRNY suggests some volalility. |
| Average Directional Index/ADX (14) | 38.24 | 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 |
|---|---|---|---|
| 6.79 | 6.46 | 0.33 (4.93%) | 20.27% |
| An entry @6.79. This is a Buy Stop order right above the resistance zone. | An exit @6.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.33 points, which is 4.93%. | When investing 20.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
6.72
+0.01 (+0.15%)