KONTOOR BRANDS INC (KTB) Stock Technical Analysis
NYSE:KTB - US50050N1037 - Common Stock
79.33 USD
+2.08 (+2.69%)
79.33 USD
0 (0%)
Taking everything into account, KTB scores 8 out of 10 in our technical rating. Although KTB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
KTB is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 70% of 49 stocks in the same industry.
In the last month KTB has a been trading in the 56.70 - 79.49 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, KTB turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
KTB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KTB is lagging the market.
Although KTB has an excellent technical rating, it does not present a decent entry opportunity 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
53.11
80.13
We found 3 important support areas.
- A support zone ranging from 69.97 to 71.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.52 from a trend line in the daily time frame.
- A support zone ranging from 53.65 to 53.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 79.34 to 79.34. 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 KTB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KTB is up. |
| ChartMill Relative Strength | 69.15 | NEUTRAL | KTB is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of KTB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.03 | OVERBOUGHT | The high RSI value suggests KTB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.75 | POSITIVE | The MACD value suggests KTB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.99 | OVERBOUGHT | The high Stochastics value suggests KTB may be overbought. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for KTB suggests some volalility. |
| Average Directional Index/ADX (14) | 36.87 | POSITIVE | The high ADX value value for KTB suggests a strong 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)
79.33
+2.08 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.69%
1 Week3.93%
2 Weeks10.83%
1 Month39.74%
3 Month14.54%
6 Month31.19%
12 Month9.69%
2 Year80.67%
3 Year136.03%
5 Year227.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.96
ATR(20)%3.06%
ATR Inc15.69%
Range Today3.42
ADR(20)2.17
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.15
Mansfield-0.22
10 Day High79.49
10 Day Low70.75
20 Day High79.49
20 Day Low56.7
52 Week High96.8
52 Week Low50
CS1 End71.23
CR1 Start79.34
Volume & EV
DER(3)2.64%
DER(5)2.81%
Volume593.20K
Volume Incr-33.69%
Vol(5)619.28K
Vol(50)761.34K