KNIGHTSCOPE INC-A (KSCP) Stock Technical Analysis
NASDAQ:KSCP • US49907V2016
We assign a technical rating of 2 out of 10 to KSCP. In the past year, KSCP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, KSCP is a bad performer in the overall market: 85% of all stocks are doing better.
- KSCP is part of the Commercial Services & Supplies industry. There are 80 other stocks in this industry, of which 65% are performing better than KSCP.
- KSCP 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 KSCP has a been trading in the 2.92 - 4.41 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of KSCP is bad and it also does not present a quality setup 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.
More info and screens
3.46
We found 3 important support areas.
- A support zone ranging from 3.92 to 3.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.72 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.49 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.39 to 4.39. 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 | DOWN | NEGATIVE | The long term trend for KSCP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KSCP is up. |
| ChartMill Relative Strength | 15.39 | NEGATIVE | KSCP has a low relative strength, it was outperformed by 84.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KSCP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of KSCP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KSCP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.71 | NEUTRAL | The RSI value for KSCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests KSCP has a positive trend. |
| Stochastics (14,3) | 92.36 | OVERBOUGHT | The high Stochastics value suggests KSCP may be overbought. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for KSCP suggests high volalility. |
| Average Directional Index/ADX (14) | 15.12 | NEGATIVE | The low ADX value for KSCP suggests a weak or negative trend. |
4.38
+0.21 (+5.04%)
KNIGHTSCOPE INC-A / KSCP FAQ
Can you provide the ChartMill technical rating for KNIGHTSCOPE INC-A?
ChartMill assigns a technical rating of 2 / 10 to KSCP.
What is the trend direction for KSCP stock?
The current trend direction for KNIGHTSCOPE INC-A (KSCP) is Bearish.
Can you provide the RSI signal for KNIGHTSCOPE INC-A?
KNIGHTSCOPE INC-A (KSCP) has an RSI value of 59.7062. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KNIGHTSCOPE INC-A?
The short term momentum for KNIGHTSCOPE INC-A (KSCP) is positive.
What is the buy/sell signal for KSCP stock?
The buy/sell signal for KNIGHTSCOPE INC-A (KSCP) is hold as the short term and long term trends are mixed.