KURA SUSHI USA INC-CLASS A (KRUS) Technical Analysis
NASDAQ:KRUS • US5012701026
We assign a technical rating of 7 out of 10 to KRUS. KRUS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- In the last month KRUS has a been trading in the 65.00 - 80.84 range, which is quite wide. It is currently trading near the lows of this range.
- KRUS is part of the Hotels, Restaurants & Leisure industry. There are 125 other stocks in this industry. KRUS outperforms 88% of them.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that KRUS is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- 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.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, KRUS also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 67.24, a Stop Loss order could be placed below this zone.
More info and screens
45.83
We found 3 important support areas.
- A support zone ranging from 66.81 to 67.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @65.60 from a trend line in the daily time frame.
- Support @46.29 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 77.36 to 77.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 79.29 to 79.29. 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 | NEUTRAL | NEUTRAL | The long term trend for KRUS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KRUS is neutral. |
| ChartMill Relative Strength | 82.95 | POSITIVE | KRUS has a high relative strength, it outperformed 82.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KRUS is below 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) | DOWN | MIXED | The current price of KRUS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.66 | NEUTRAL | The RSI value for KRUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests KRUS has a negative trend. |
| Stochastics (14,3) | 41.55 | NEUTRAL | The Stochastics value for KRUS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for KRUS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.3 | NEGATIVE | The low ADX value for KRUS suggests a weak or negative 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 |
|---|---|---|---|
| 73.10 | 66.80 | 6.30 (8.62%) | 11.60% |
| An entry @73.10. This is a Buy Stop order right above the 10 day high. | An exit @66.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.30 points, which is 8.62%. | For a 1.00% total portfolio risk, you can invest 11.60% of your capital in this trade. |
- 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.
KRUS Technicals: Chart, Performance Metrics, Trend & Indicators
69.3
-1.89 (-2.65%)
KURA SUSHI USA INC-CLASS A / KRUS FAQ
What is the ChartMill technical rating of KURA SUSHI USA INC-CLASS A (KRUS) stock?
ChartMill assigns a technical rating of 7 / 10 to KRUS.
What is the trend direction for KRUS stock?
The current trend direction for KURA SUSHI USA INC-CLASS A (KRUS) is Bearish.
Can you provide the RSI signal for KURA SUSHI USA INC-CLASS A?
KURA SUSHI USA INC-CLASS A (KRUS) has an RSI value of 48.6567. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KURA SUSHI USA INC-CLASS A?
The short term momentum for KURA SUSHI USA INC-CLASS A (KRUS) is neutral.
Can you provide the support and resistance levels for KURA SUSHI USA INC-CLASS A?
KURA SUSHI USA INC-CLASS A (KRUS) has a support level at 67.24 and a resistance level at 77.36. Check the full technical report for our detailed analysis of KRUS support and resistance levels.