KT CORP-SP ADR (KT) Technical Analysis
NYSE:KT • US48268K1016
Current stock price
KT Technical Rating and Analysis
Taking everything into account, KT scores 6 out of 10 in our technical rating. In the last year, KT was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month KT has a been trading in the 21.21 - 24.58 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, KT did better than 78% of all other stocks.
- KT has an average volume of 1988560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- KT is an average performer in the Diversified Telecommunication Services industry, it outperforms 69% of 37 stocks in the same industry.
- KT 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 KT is lagging the market slightly.
KT Weekly and Daily overview Charts
KT Setup Rating and Analysis
KT has an average technical rating and it also does not offer a high 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
KT Support and Resistance Analysis
18.02
When analyzing the support we can see 3 important areas.
- Support @20.32 from a trend line in the daily time frame.
- Support @18.92 from a trend line in the weekly time frame.
- Support @18.20 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.23 to 21.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.31 to 22.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
KT 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 | UP | POSITIVE | The long term trend for KT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KT is down. |
| ChartMill Relative Strength | 78.65 | POSITIVE | KT has a high relative strength, it outperformed 78.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.2 | NEUTRAL | The RSI value for KT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests KT has a negative trend. |
| Stochastics (14,3) | 9.2 | OVERSOLD | The low Stochastics value suggests KT may be oversold. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for KT suggests some volalility. |
| Average Directional Index/ADX (14) | 37.23 | POSITIVE | The high ADX value value for KT suggests a strong trend. |
KT Chart- and CandleStick Pattern Analysis
KT Technicals: Chart, Performance Metrics, Trend & Indicators
21.22
-0.56 (-2.57%)
KT CORP-SP ADR / KT TA FAQ
What is the ChartMill technical rating of KT CORP-SP ADR (KT) stock?
ChartMill assigns a technical rating of 6 / 10 to KT.
Can you provide the trend direction for KT CORP-SP ADR?
The current trend direction for KT CORP-SP ADR (KT) is Bullish.
Can you provide the RSI signal for KT CORP-SP ADR?
KT CORP-SP ADR (KT) has an RSI value of 37.2017. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for KT CORP-SP ADR?
The buy/sell signal for KT CORP-SP ADR (KT) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for KT CORP-SP ADR (KT) stock?
KT CORP-SP ADR (KT) has a support level at 20.32 and a resistance level at 21.23. Check the full technical report for our detailed analysis of KT support and resistance levels.