KIMBELL ROYALTY PARTNERS LP (KRP) Stock Technical Analysis
NYSE:KRP - New York Stock Exchange, Inc. - US49435R1023 - Currency: USD
Taking everything into account, KRP 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, KRP is only an average performer.
Besides having an excellent technical rating, KRP also presents a decent setup pattern. Prices have been consolidating lately. 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 15.00. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for KRP in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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13.66
We found 2 important support areas.
- A support zone ranging from 14.49 to 14.50. 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 13.80 to 14.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- Resistance @15.00 from a trend line in the daily time frame.
- A resistance zone ranging from 15.79 to 15.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.60 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 16.98 to 17.05. 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 KRP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRP is up. |
| ChartMill Relative Strength | 46.24 | NEUTRAL | KRP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KRP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.32 | NEUTRAL | The RSI value for KRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests KRP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.44 | NEUTRAL | The Stochastics value for KRP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for KRP suggests low volalility. |
| Average Directional Index/ADX (14) | 22.52 | NEUTRAL | The ADX value for KRP suggests a possible start of a new 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 |
|---|---|---|---|
| 15.01 | 14.48 | 0.53 (3.53%) | 25.00% |
| An entry @15.01. This is a Buy Stop order right above the resistance zone. | An exit @14.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.53 points, which is 3.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- 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.
NYSE:KRP (8/6/2025, 2:09:46 PM)
14.84
-0.02 (-0.13%)