KIMBELL ROYALTY PARTNERS LP (KRP) Stock Technical Analysis
USA - NYSE:KRP - US49435R1023
12.93 USD
-0.4 (-3%)
12.95 USD
+0.02 (+0.15%)
Overall KRP gets a technical rating of 0 out of 10. KRP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than KRP.
KRP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 67% of 211 stocks in the same industry do better.
In the last month KRP has a been trading in the 12.92 - 14.16 range, which is quite wide. It is currently trading near the lows of this range.
KRP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KRP is lagging the market.
The technical rating of KRP is bad and it also does not present a quality setup 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
12.80
15.76
When analyzing the resistance we notice 4 important areas.
- Resistance @13.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.49 to 14.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.54 to 14.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.60 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 | DOWN | NEGATIVE | The long term trend for KRP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KRP is down. |
| ChartMill Relative Strength | 16.52 | NEGATIVE | KRP has a low relative strength, it was outperformed by 83.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KRP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KRP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KRP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.67 | NEUTRAL | The RSI value for KRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests KRP has a negative trend. |
| Stochastics (14,3) | 6.35 | OVERSOLD | The low Stochastics value suggests KRP may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for KRP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.89 | NEGATIVE | The low ADX value for KRP suggests a weak or negative 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)
12.93
-0.4 (-3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3%
1 Week-5.21%
2 Weeks-6.78%
1 Month-4.43%
3 Month-8.75%
6 Month7.13%
12 Month-21.35%
2 Year-19.79%
3 Year-32.09%
5 Year117.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.48%
ATR Inc32.63%
Range Today0.46
ADR(20)0.3
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.52
Mansfield-1.81
10 Day High13.83
10 Day Low12.92
20 Day High14.16
20 Day Low12.92
52 Week High16.99
52 Week Low10.98
CS1 EndN/A
CR1 Start13
Volume & EV
DER(3)-6.27%
DER(5)-3.92%
Volume628.70K
Volume Incr-14.26%
Vol(5)382.56K
Vol(50)458.29K