KENVUE INC (KVUE) Stock Technical Analysis
USA - NYSE:KVUE - US49177J1025 - Common Stock
Overall KVUE gets a technical rating of 2 out of 10. In the past year, KVUE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 16.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.65, a Stop Loss order could be placed below this zone.
More info and screens
13.97
2 important support areas can be observed.
- A support zone ranging from 16.42 to 16.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.11 to 14.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 16.84 to 16.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.41 to 20.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.04 from a horizontal line in the daily time frame.
- 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 | 11.78 | NEGATIVE | KVUE has a low relative strength, it was outperformed by 88.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KVUE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of KVUE is above a declining 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) | 56.39 | NEUTRAL | The RSI value for KVUE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests KVUE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.81 | OVERBOUGHT | The high Stochastics value suggests KVUE may be overbought. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for KVUE suggests some volalility. |
| Average Directional Index/ADX (14) | 33.3 | POSITIVE | The high ADX value value for KVUE suggests a strong trend. |
16.66
-0.11 (-0.66%)
KENVUE INC / KVUE FAQ
What is the technical rating for KVUE stock?
ChartMill assigns a technical rating of 2 / 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 56.3854. 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.