KURA SUSHI USA INC-CLASS A (KRUS) Stock Technical Analysis
NASDAQ:KRUS - US5012701026 - Common Stock
83.06 USD
+2.03 (+2.51%)
83.06 USD
0 (0%)
We assign a technical rating of 6 out of 10 to KRUS. In the last year, KRUS was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
KRUS is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry. KRUS outperforms 74% of them.
Looking at the yearly performance, KRUS did better than 83% of all other 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 75.90 - 88.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, KRUS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 80.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KRUS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
71.84
98.48
We found 2 important support areas.
- A support zone ranging from 78.88 to 80.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 72.57 to 73.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @83.07 from a horizontal line in the daily time frame.
- Resistance @90.76 from a horizontal line in the weekly time frame.
- Resistance @94.02 from a trend line in the daily time frame.
- Resistance @97.50 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 | NEUTRAL | NEUTRAL | The short term trend for KRUS is neutral. |
| ChartMill Relative Strength | 83.81 | POSITIVE | KRUS has a high relative strength, it outperformed 83.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KRUS is above a declining 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) | 54.84 | NEUTRAL | The RSI value for KRUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests KRUS has a positive trend. |
| Stochastics (14,3) | 67.49 | NEUTRAL | The Stochastics value for KRUS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for KRUS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.95 | NEGATIVE | The low ADX value for KRUS suggests a weak or negative 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)
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 |
|---|---|---|---|
| 83.08 | 78.87 | 4.21 (5.07%) | 19.73% |
| An entry @83.08. This is a Buy Stop order right above the resistance zone. | An exit @78.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.21 points, which is 5.07%. | When investing 19.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of KRUS. Please evaluate whether better entry and exit points can be found.
- 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.
83.06
+2.03 (+2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.51%
1 Week4.97%
2 Weeks6.45%
1 Month-5.33%
3 Month25.73%
6 Month33.54%
12 Month25.87%
2 Year-4.93%
3 Year11.1%
5 Year579.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.85
ATR(20)%4.24%
ATR Inc-18.06%
Range Today2.64
ADR(20)3.46
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.81
Mansfield-0.25
10 Day High83.61
10 Day Low75.9
20 Day High88.75
20 Day Low75.9
52 Week High110.66
52 Week Low40.03
CS1 End80.63
CR1 Start83.07
Volume & EV
DER(3)9.32%
DER(5)5.85%
Volume197.20K
Volume Incr-31.65%
Vol(5)162.24K
Vol(50)286.94K