NYSE:KTB • US50050N1037
Overall KTB gets a technical rating of 7 out of 10. Although KTB has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although KTB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
53.42
2 important support areas can be observed.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for KTB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KTB is neutral. |
| ChartMill Relative Strength | 74.48 | POSITIVE | KTB has a high relative strength, it outperformed 74.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KTB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KTB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KTB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.07 | OVERBOUGHT | The high RSI value suggests KTB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.9 | POSITIVE | The MACD value suggests KTB has a positive trend. |
| Stochastics (14,3) | 67.92 | NEUTRAL | The Stochastics value for KTB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for KTB suggests some volalility. |
| Average Directional Index/ADX (14) | 32.42 | POSITIVE | The high ADX value value for KTB suggests a strong trend. |
78.05
-0.13 (-0.17%)
ChartMill assigns a technical rating of 7 / 10 to KTB.
The current trend direction for KONTOOR BRANDS INC (KTB) is Bearish.
KONTOOR BRANDS INC (KTB) has an RSI value of 74.0707. This indicates that the stock is currently overbought.
The MACD indicator for KONTOOR BRANDS INC (KTB) has a value of 0.903178, indicating a bearish trend.