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.
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.
1.30
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
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. |
1.39
+0.02 (+1.83%)
ChartMill assigns a technical rating of 2 / 10 to KURIW.
The current trend direction for Alkuri Global Acquisition Corp WT (KURIW) is Bullish.
Alkuri Global Acquisition Corp WT (KURIW) has an RSI value of 48.1532. This indicates that the stock is currently neutral.
The MACD indicator for Alkuri Global Acquisition Corp WT (KURIW) has a value of -0.000309645, indicating a bearish trend.
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.