KENVUE INC (KVUE) Stock Technical Analysis
NYSE:KVUE • US49177J1025
Overall KVUE gets a technical rating of 7 out of 10. Although KVUE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 76% of all other stocks performed better in the past year than KVUE.
- Both the short term and long term trends are positive. This is a very positive sign.
- KVUE is part of the Personal Care Products industry. There are 36 other stocks in this industry. KVUE outperforms 74% of them.
- In the last month KVUE has a been trading in the 16.99 - 18.97 range, which is quite wide. It is currently trading near the high of this range.
- KVUE has an average volume of 46612600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
Although KVUE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.25 to 18.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.69 to 17.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.74 to 16.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.70 to 18.70. 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 | UP | POSITIVE | The long term trend for KVUE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KVUE is up. |
| ChartMill Relative Strength | 24.97 | NEGATIVE | KVUE has a low relative strength, it was outperformed by 75.03% 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) | 65.01 | NEUTRAL | The RSI value for KVUE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests KVUE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.3 | NEUTRAL | The Stochastics value for KVUE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for KVUE suggests some volalility. |
| Average Directional Index/ADX (14) | 26.79 | POSITIVE | The high ADX value value for KVUE suggests a strong trend. |
18.41
-0.29 (-1.55%)
KENVUE INC / KVUE FAQ
What is the technical rating for KVUE stock?
ChartMill assigns a technical rating of 7 / 10 to KVUE.
What is the trend direction for KVUE stock?
The current trend direction for KENVUE INC (KVUE) is Bullish.
What is the RSI signal for KVUE stock?
KENVUE INC (KVUE) has an RSI value of 65.0133. This indicates that the stock is currently neutral.
What is the MACD signal for KENVUE INC (KVUE) stock?
The MACD indicator for KENVUE INC (KVUE) has a value of 0.0729846, indicating a bearish trend.
Can you provide the support and resistance levels for KENVUE INC?
KENVUE INC (KVUE) has a support level at 18.31 and a resistance level at 18.7. Check the full technical report for our detailed analysis of KVUE support and resistance levels.