KT CORP-SP ADR (KT) Stock Technical Analysis
NYSE:KT - New York Stock Exchange, Inc. - US48268K1016 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to KT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KT is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, KT did better than 91% of all other stocks. We also observe that the gains produced by KT over the past year are nicely spread over this period.
KT is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 81% of 33 stocks in the same industry.
KT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so KT is performing more or less in line with the market.
KT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
KT has an average volume of 1449480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, KT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.53
19.47
When analyzing the support we can see 4 important areas.
- Support @18.10 from a trend line in the weekly time frame.
- A support zone ranging from 17.10 to 17.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.64 to 16.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.69 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 | UP | POSITIVE | The long term trend for KT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KT is neutral. |
| ChartMill Relative Strength | 91.83 | POSITIVE | KT has a high relative strength, it outperformed 91.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KT is below 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) | 54.99 | NEUTRAL | The RSI value for KT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests KT has a negative trend. |
| Stochastics (14,3) | 29.47 | NEUTRAL | The Stochastics value for KT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for KT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.55 | NEUTRAL | The ADX value for KT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.68 | 18.90 | 0.78 (3.96%) | 25.00% |
| An entry @19.68. This is a Buy Stop order right above the 10 day high. | An exit @18.90. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.78 points, which is 3.96%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
19.28
+0.17 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.89%
1 Week-0.26%
2 Weeks-0.21%
1 Month3.21%
3 Month10.61%
6 Month16.14%
12 Month44.1%
2 Year63.11%
3 Year28.62%
5 Year97.95%
10 Year47.4%
15 Year3.6%
Volatility
ATR(14)0.4
ATR(20)%2.14%
ATR Inc-8.72%
Range Today0.42
ADR(20)0.37
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.83
Mansfield1.81
10 Day High19.67
10 Day Low18.91
20 Day High20.28
20 Day Low18.62
52 Week High20.28
52 Week Low13.11
CS1 End18.1
CR1 StartN/A
Volume & EV
DER(3)-1.47%
DER(5)-1.59%
Volume1.91M
Volume Incr33.7%
Vol(5)1.86M
Vol(50)1.45M