KIMBELL ROYALTY PARTNERS LP (KRP) Stock Technical Analysis
USA - NYSE:KRP - US49435R1023
We assign a technical rating of 0 out of 10 to KRP. 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.
KRP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 13.06, a Stop Loss order could be placed below this zone.
More info and screens
12.81
We found 1 important support area.
- A support zone ranging from 12.94 to 13.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 13.15 to 13.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.77 to 14.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.42 from a trend line in the daily time frame.
- Resistance @14.74 from a horizontal line in the weekly time frame.
- Resistance @15.52 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 | 16.7 | NEGATIVE | KRP has a low relative strength, it was outperformed by 83.3% 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) | 42.96 | NEUTRAL | The RSI value for KRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests KRP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.28 | NEUTRAL | The Stochastics value for KRP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for KRP suggests low volalility. |
| Average Directional Index/ADX (14) | 10.88 | NEGATIVE | The low ADX value for KRP suggests a weak or negative trend. |
13.07
-0.08 (-0.61%)
KIMBELL ROYALTY PARTNERS LP / KRP FAQ
Can you provide the ChartMill technical rating for KIMBELL ROYALTY PARTNERS LP?
ChartMill assigns a technical rating of 0 / 10 to KRP.
Can you provide the trend direction for KIMBELL ROYALTY PARTNERS LP?
The current trend direction for KIMBELL ROYALTY PARTNERS LP (KRP) is Bearish.
What is the RSI signal for KRP stock?
KIMBELL ROYALTY PARTNERS LP (KRP) has an RSI value of 42.9587. This indicates that the stock is currently neutral.
What is the MACD signal for KRP stock?
The MACD indicator for KIMBELL ROYALTY PARTNERS LP (KRP) has a value of 0.0184434, indicating a bearish trend.
What are the support and resistance levels for KIMBELL ROYALTY PARTNERS LP (KRP) stock?
KIMBELL ROYALTY PARTNERS LP (KRP) has a support level at 13.06 and a resistance level at 13.15. Check the full technical report for our detailed analysis of KRP support and resistance levels.