KENVUE INC (KVUE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KVUE - US49177J1025 - Common Stock
Overall KVUE gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. KVUE was also a bad performer in the overall market in the last year.
KVUE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.17, a Stop Loss order could be placed below this zone.
More info and screens
15.90
We found 3 important support areas.
- A support zone ranging from 17.07 to 17.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.40 to 16.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.32 to 17.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.08 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for KVUE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KVUE is up. |
| ChartMill Relative Strength | 29.93 | NEGATIVE | KVUE has a low relative strength, it was outperformed by 70.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KVUE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KVUE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KVUE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.75 | NEUTRAL | The RSI value for KVUE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests KVUE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.87 | NEUTRAL | The Stochastics value for KVUE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for KVUE suggests low volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for KVUE suggests a weak or negative trend. |
17.19
0 (0%)
KENVUE INC / KVUE FAQ
What is the technical rating for KVUE stock?
ChartMill assigns a technical rating of 3 / 10 to KVUE.
Can you provide the trend direction for KENVUE INC?
The current trend direction for KENVUE INC (KVUE) is Bearish.
What is the RSI signal for KVUE stock?
KENVUE INC (KVUE) has an RSI value of 56.7522. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KENVUE INC?
The short term momentum for KENVUE INC (KVUE) is positive.
What is the buy/sell signal for KVUE stock?
The buy/sell signal for KENVUE INC (KVUE) is hold as the short term and long term trends are mixed.