KURA SUSHI USA INC-CLASS A (KRUS) Stock Technical Analysis
NASDAQ:KRUS - Nasdaq - US5012701026 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to KRUS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KRUS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
KRUS is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 89% of 131 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that KRUS is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
KRUS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KRUS is lagging the market.
In the last month KRUS has a been trading in the 71.31 - 95.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although KRUS has an excellent technical rating, it does not offer a high 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
76.51
99.44
When analyzing the support we can see 2 important areas.
- Support @80.00 from a trend line in the weekly time frame.
- A support zone ranging from 77.28 to 78.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @90.76 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 95.55 to 95.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @98.46 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 KRUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRUS is up. |
| ChartMill Relative Strength | 92.1 | POSITIVE | KRUS has a high relative strength, it outperformed 92.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRUS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.65 | NEUTRAL | The RSI value for KRUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.75 | POSITIVE | The MACD value suggests KRUS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.24 | NEUTRAL | The Stochastics value for KRUS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for KRUS suggests high volalility. |
| Average Directional Index/ADX (14) | 26.93 | POSITIVE | The high ADX value value for KRUS suggests a strong 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)
86.86
-3.32 (-3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.68%
1 Week-0.32%
2 Weeks19.69%
1 Month0.91%
3 Month41.21%
6 Month8.58%
12 Month61.2%
2 Year-12.71%
3 Year2.87%
5 Year736%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.66
ATR(20)%6.21%
ATR Inc-33.83%
Range Today5.18
ADR(20)5.3
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.1
Mansfield0.47
10 Day High95.98
10 Day Low71.32
20 Day High95.98
20 Day Low71.32
52 Week High110.66
52 Week Low40.03
CS1 End80
CR1 Start90.76
Volume & EV
DER(3)3.6%
DER(5)2.97%
Volume175.59K
Volume Incr-12.63%
Vol(5)316.94K
Vol(50)309.92K