KT CORP-SP ADR (KT) Stock Technical Analysis
USA - NYSE:KT - US48268K1016 - ADR
We assign a technical rating of 1 out of 10 to KT. KT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, KT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 18.20, a Stop Loss order could be placed below this zone.
More info and screens
18.01
When analyzing the support we notice one important area.
- A support zone ranging from 18.19 to 18.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 18.60 to 18.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.18 to 19.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.88 to 20.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @20.69 from a horizontal line in the weekly time frame.
- Resistance @21.31 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for KT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KT is down. |
| ChartMill Relative Strength | 63.94 | NEUTRAL | KT is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of KT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of KT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.5 | NEUTRAL | The RSI value for KT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests KT has a negative trend. |
| Stochastics (14,3) | 17.07 | OVERSOLD | The low Stochastics value suggests KT may be oversold. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for KT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.74 | NEUTRAL | The ADX value for KT suggests a possible start of a new trend. |
18.21
-0.22 (-1.19%)
KT CORP-SP ADR / KT FAQ
What is the ChartMill technical rating of KT CORP-SP ADR (KT) stock?
ChartMill assigns a technical rating of 1 / 10 to KT.
What is the trend direction for KT stock?
The current trend direction for KT CORP-SP ADR (KT) is Bearish.
What is the RSI signal for KT stock?
KT CORP-SP ADR (KT) has an RSI value of 38.5028. 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 sell as both the short term and long term trends are negative.
What is the support and resistance level for KT stock?
KT CORP-SP ADR (KT) has a support level at 18.2 and a resistance level at 18.6. Check the full technical report for our detailed analysis of KT support and resistance levels.