KIMBELL ROYALTY PARTNERS LP (KRP) Technical Analysis
NYSE:KRP • US49435R1023
Current stock price
KRP Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to KRP. KRP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- KRP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 209 stocks in the same industry do better.
- KRP 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 KRP is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, KRP outperforms 66% of them, which is more or less in line with the market.
- In the last month KRP has a been trading in the 13.79 - 15.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KRP Weekly and Daily overview Charts
KRP Setup Rating and Analysis
KRP has only a medium 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 14.33, a Stop Loss order could be placed below this zone.
More info and screens
KRP Support and Resistance Analysis
13.82
We found 1 important support area.
- A support zone ranging from 13.96 to 14.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.41 to 14.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.01 to 15.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
KRP Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for KRP is down. |
| ChartMill Relative Strength | 66.07 | NEUTRAL | KRP is not amongst the best or worst performers 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) | UP | MIXED | The current price of KRP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.78 | NEUTRAL | The RSI value for KRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests KRP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.53 | NEUTRAL | The Stochastics value for KRP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for KRP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.3 | NEGATIVE | The low ADX value for KRP suggests a weak or negative trend. |
KRP Chart- and CandleStick Pattern Analysis
KRP Technicals: Chart, Performance Metrics, Trend & Indicators
14.34
+0.22 (+1.56%)
KIMBELL ROYALTY PARTNERS LP / KRP TA FAQ
Can you provide the ChartMill technical rating for KIMBELL ROYALTY PARTNERS LP?
ChartMill assigns a technical rating of 4 / 10 to KRP.
What is the current trend direction of KIMBELL ROYALTY PARTNERS LP (KRP) stock?
The current trend direction for KIMBELL ROYALTY PARTNERS LP (KRP) is Bullish.
What is the RSI signal for KIMBELL ROYALTY PARTNERS LP (KRP) stock?
KIMBELL ROYALTY PARTNERS LP (KRP) has an RSI value of 48.7816. This indicates that the stock is currently neutral.
What is the buy/sell signal for KRP stock?
The buy/sell signal for KIMBELL ROYALTY PARTNERS LP (KRP) is hold as the short term and long term trends are mixed.
What is the support and resistance level for KRP stock?
KIMBELL ROYALTY PARTNERS LP (KRP) has a support level at 14.33 and a resistance level at 14.41. Check the full technical report for our detailed analysis of KRP support and resistance levels.