Alkuri Global Acquisition Corp WT (KURIW) Technical Analysis
NASDAQ:KURIW
Current stock price
KURIW Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to KURIW. In the last year, KURIW was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than KURIW.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- KURIW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KURIW is lagging the market.
- In the last month KURIW has a been trading in the 1.26 - 1.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KURIW Weekly and Daily overview Charts
KURIW Setup Rating and Analysis
KURIW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KURIW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
KURIW Support and Resistance Analysis
1.30
When analyzing the support we notice one important area.
- A support zone ranging from 1.31 to 1.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.42 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.48 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.53 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.60 from a horizontal line in the daily time frame.
KURIW Technical Indicator Signal Analysis
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 KURIW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KURIW is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | KURIW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KURIW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KURIW is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.15 | NEUTRAL | The RSI value for KURIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests KURIW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.37 | NEUTRAL | The Stochastics value for KURIW is a neutral value. |
| Average True Range in percent/ATR (20) | 6.68 | HIGH VOLATILITY | The high ATR as a percentage value for KURIW suggests high volalility. |
KURIW Chart- and CandleStick Pattern Analysis
KURIW Technicals: Chart, Performance Metrics, Trend & Indicators
1.39
+0.02 (+1.83%)
Alkuri Global Acquisition Corp WT / KURIW TA FAQ
What is the technical rating for KURIW stock?
ChartMill assigns a technical rating of 2 / 10 to KURIW.
What is the trend direction for KURIW stock?
The current trend direction for Alkuri Global Acquisition Corp WT (KURIW) is Bullish.
What is the RSI signal for KURIW stock?
Alkuri Global Acquisition Corp WT (KURIW) has an RSI value of 48.1532. This indicates that the stock is currently neutral.
What are the support and resistance levels for Alkuri Global Acquisition Corp WT (KURIW) stock?
Alkuri Global Acquisition Corp WT (KURIW) has a support level at 1.33 and a resistance level at 1.42. Check the full technical report for our detailed analysis of KURIW support and resistance levels.