KT CORP-SP ADR (KT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:KT • US48268K1016
Overall KT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, KT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, KT did better than 80% of all other stocks.
- KT is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 77% of 36 stocks in the same industry.
- KT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month KT has a been trading in the 18.67 - 21.44 range, which is quite wide. It is currently trading near the high of this range.
- KT has an average volume of 1768090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although KT has an excellent technical rating, the quality of the presented setup is not ideal 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
18.02
We found 3 important support areas.
- A support zone ranging from 20.09 to 20.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.58 to 19.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.20 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.28 to 21.38. 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 | UP | POSITIVE | The long term trend for KT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KT is up. |
| ChartMill Relative Strength | 80.78 | POSITIVE | KT has a high relative strength, it outperformed 80.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KT is above 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) | 74.41 | OVERBOUGHT | The high RSI value suggests KT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests KT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.48 | OVERBOUGHT | The high Stochastics value suggests KT may be overbought. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for KT suggests low volalility. |
| Average Directional Index/ADX (14) | 40.92 | POSITIVE | The high ADX value value for KT suggests a strong trend. |
21.27
+0.25 (+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 10 / 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 74.4138. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for KT CORP-SP ADR?
The buy/sell signal for KT CORP-SP ADR (KT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for KT CORP-SP ADR (KT) stock?
KT CORP-SP ADR (KT) has a support level at 20.1 and a resistance level at 21.28. Check the full technical report for our detailed analysis of KT support and resistance levels.