QUAKER CHEMICAL CORPORATION (KWR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KWR - US7473161070 - Common Stock
We assign a technical rating of 9 out of 10 to KWR. Both in the recent history as in the last year, KWR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- KWR is one of the better performing stocks in the Chemicals industry, it outperforms 83% of 82 stocks in the same industry.
- A new 52 week high is currently being made by KWR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month KWR has a been trading in the 136.34 - 162.10 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that KWR is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although KWR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
124.41
When analyzing the support we can see 4 important areas.
- A support zone ranging from 142.00 to 142.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 137.30 to 139.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @131.10 from a trend line in the daily time frame.
- Support @125.67 from a horizontal line in the daily 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 KWR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KWR is up. |
| ChartMill Relative Strength | 81.23 | POSITIVE | KWR has a high relative strength, it outperformed 81.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KWR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KWR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KWR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.81 | OVERBOUGHT | The high RSI value suggests KWR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.61 | POSITIVE | The MACD value suggests KWR has a positive trend. |
| Stochastics (14,3) | 96.96 | OVERBOUGHT | The high Stochastics value suggests KWR may be overbought. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for KWR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.97 | POSITIVE | The high ADX value value for KWR suggests a strong trend. |
160.8
+2.8 (+1.77%)
QUAKER CHEMICAL CORPORATION / KWR FAQ
What is the ChartMill technical rating of QUAKER CHEMICAL CORPORATION (KWR) stock?
ChartMill assigns a technical rating of 9 / 10 to KWR.
Can you provide the trend direction for QUAKER CHEMICAL CORPORATION?
The current trend direction for QUAKER CHEMICAL CORPORATION (KWR) is Bullish.
Can you provide the RSI signal for QUAKER CHEMICAL CORPORATION?
QUAKER CHEMICAL CORPORATION (KWR) has an RSI value of 74.8092. This indicates that the stock is currently overbought.
Can you provide the MACD signal for QUAKER CHEMICAL CORPORATION?
The MACD indicator for QUAKER CHEMICAL CORPORATION (KWR) has a value of 1.61004, indicating a bullish trend.
Can you provide the support and resistance levels for QUAKER CHEMICAL CORPORATION?
QUAKER CHEMICAL CORPORATION (KWR) has a support level at 142.65. Check the full technical report for our detailed analysis of KWR support and resistance levels.