KENVUE INC (KVUE) Technical Analysis
NYSE:KVUE • US49177J1025
Current stock price
KVUE Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to KVUE. KVUE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, KVUE is a bad performer in the overall market: 83% of all stocks are doing better.
- In the last month KVUE has a been trading in the 16.64 - 17.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- KVUE has an average volume of 22544200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- KVUE is an average performer in the Personal Care Products industry, it outperforms 66% of 37 stocks in the same industry.
- KVUE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KVUE is lagging the market.
KVUE Weekly and Daily overview Charts
KVUE Setup Rating and Analysis
Although the technical rating is bad, KVUE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KVUE 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
KVUE Support and Resistance Analysis
16.56
We found 2 important support areas.
- A support zone ranging from 17.11 to 17.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.73 to 16.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.61 to 18.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.99 to 19.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
KVUE 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 | DOWN | NEGATIVE | The long term trend for KVUE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KVUE is neutral. |
| ChartMill Relative Strength | 17.93 | NEGATIVE | KVUE has a low relative strength, it was outperformed by 82.07% 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 | NEGATIVE | The current price of KVUE is below 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) | 51.32 | 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. |
| Stochastics (14,3) | 48.02 | NEUTRAL | The Stochastics value for KVUE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for KVUE suggests low volalility. |
| Average Directional Index/ADX (14) | 15.15 | NEGATIVE | The low ADX value for KVUE suggests a weak or negative trend. |
KVUE Chart- and CandleStick Pattern Analysis
KVUE Technicals: Chart, Performance Metrics, Trend & Indicators
17.53
+0.3 (+1.74%)
KENVUE INC / KVUE TA FAQ
What is the technical rating for KVUE stock?
ChartMill assigns a technical rating of 1 / 10 to KVUE.
What is the trend direction for KVUE stock?
The current trend direction for KENVUE INC (KVUE) is Bearish.
What is the RSI signal for KENVUE INC (KVUE) stock?
KENVUE INC (KVUE) has an RSI value of 51.3203. This indicates that the stock is currently neutral.
What is the support and resistance level for KVUE stock?
KENVUE INC (KVUE) has a support level at 17.46 and a resistance level at 17.61. Check the full technical report for our detailed analysis of KVUE support and resistance levels.