KURA SUSHI USA INC-CLASS A (KRUS) Stock Technical Analysis
NASDAQ:KRUS - Nasdaq - US5012701026 - Common Stock - Currency: USD
Overall KRUS gets a technical rating of 6 out of 10. In the past year, KRUS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month KRUS has a been trading in the 59.48 - 78.99 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, KRUS did better than 70% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
KRUS is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, KRUS did better than 65% of them.
KRUS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KRUS is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
KRUS has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
64.13
101.39
When analyzing the support we can see 2 important areas.
- A support zone ranging from 68.22 to 68.36. 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 64.78 to 66.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @77.10 from a horizontal line in the daily time frame.
- Resistance @100.39 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 | NEUTRAL | NEUTRAL | The long term trend for KRUS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRUS is up. |
| ChartMill Relative Strength | 70.7 | POSITIVE | KRUS has a high relative strength, it outperformed 70.7% 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 | MIXED | The current price of KRUS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.63 | OVERBOUGHT | The high RSI value suggests KRUS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests KRUS has a positive trend. |
| Stochastics (14,3) | 89.07 | OVERBOUGHT | The high Stochastics value suggests KRUS may be overbought. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for KRUS suggests some volalility. |
| Average Directional Index/ADX (14) | 24.42 | NEUTRAL | The ADX value for KRUS suggests a possible start of a new 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)
75.4
-1.7 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.2%
1 Week14.52%
2 Weeks18.78%
1 Month24.71%
3 Month29.29%
6 Month-29.37%
12 Month-14.16%
2 Year-18.88%
3 Year52.23%
5 Year428.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.31
ATR(20)%4.58%
ATR Inc61.91%
Range Today3.64
ADR(20)3.2
ADR(20)%4.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.7
Mansfield-0.06
10 Day High78.99
10 Day Low61.69
20 Day High78.99
20 Day Low59.49
52 Week High110.66
52 Week Low40.03
CS1 End68.36
CR1 Start77.1
Volume & EV
DER(3)0.14%
DER(5)-0.49%
Volume588.76K
Volume Incr66.75%
Vol(5)369.75K
Vol(50)313.62K