KRZ Technical Analysis - KERRY GROUP PLC-A

Technical Rating and Analysis

Overall KRZ gets a technical rating of 0 out of 10. KRZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, KRZ is a bad performer in the overall market: 84% of all stocks are doing better.

KRZ is part of the Food Products industry. There are 59 other stocks in this industry, of which 70% are performing better than KRZ.

KRZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

KRZ is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

KERRY GROUP PLC-A / KRZ Weekly stock chart

KERRY GROUP PLC-A / KRZ Daily stock chart

Setup Rating and Analysis

KRZ has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

78.61

99.64

We found 1 important support area.

A support zone ranging from 79.40 to 80.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 4 important resistance areas.

A resistance zone ranging from 81.21 to 81.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 93.51 to 94.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 96.40 to 96.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
Resistance @98.65 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for KRZ.I is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for KRZ.I is down.
ChartMill Relative Strength	16.36	NEGATIVE	KRZ.I has a low relative strength, it was outperformed by 83.64% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of KRZ.I is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of KRZ.I is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of KRZ.I is below a declining SMA(200).
Relative Strength Index/RSI (14)	36.39	NEUTRAL	The RSI value for KRZ.I is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.45	POSITIVE	The MACD value suggests KRZ.I has a positive trend.
Stochastics (14,3)	67.07	NEUTRAL	The Stochastics value for KRZ.I is a neutral value.
Average True Range in percent/ATR (20)	2.21	MEDIUM VOLATILITY	The ATR as a percentage value for KRZ.I suggests some volalility.
Average Directional Index/ADX (14)	58.62	POSITIVE	The high ADX value value for KRZ.I suggests a strong trend.