KENVUE INC (KVUE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KVUE - US49177J1025 - Common Stock
Taking everything into account, KVUE scores 4 out of 10 in our technical rating. 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 only a medium 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.90
We found 1 important support area.
- A support zone ranging from 16.06 to 16.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 17.00 to 17.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.98 to 20.08. 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 | 16.82 | NEGATIVE | KVUE has a low relative strength, it was outperformed by 83.18% 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) | 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) | 55.83 | NEUTRAL | The RSI value for KVUE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KVUE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.56 | NEUTRAL | The Stochastics value for KVUE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for KVUE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.02 | NEUTRAL | The ADX value for KVUE suggests a possible start of a new trend. |
16.93
-0.06 (-0.35%)
KENVUE INC / KVUE FAQ
What is the technical rating for KVUE stock?
ChartMill assigns a technical rating of 4 / 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 55.8267. 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.