KRZ Technical Analysis - KERRY GROUP PLC-A

Technical Rating and Analysis

Taking everything into account, KRZ scores 0 out of 10 in our technical rating. KRZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

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

88% of all other stocks performed better in the past year than KRZ.

KRZ is part of the Food Products industry. There are 59 other stocks in this industry, of which 72% 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.

In the last month KRZ has a been trading in the 76.90 - 82.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

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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

Although the technical rating is bad, KRZ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 81.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 78.81, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

76.33

99.64

When analyzing the support we notice one important area.

A support zone ranging from 77.10 to 78.81. 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 81.00 to 81.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 92.13 to 94.15. 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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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	12.14	NEGATIVE	KRZ.I has a low relative strength, it was outperformed by 87.86% 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)	42.87	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, although the MACD value is declining.
Stochastics (14,3)	60.27	NEUTRAL	The Stochastics value for KRZ.I is a neutral value.
Average True Range in percent/ATR (20)	1.5	LOW VOLATILITY	The low ATR as a percentage value for KRZ.I suggests low volalility.
Average Directional Index/ADX (14)	39.57	POSITIVE	The high ADX value value for KRZ.I suggests a strong trend.