WORLD KINECT CORP (WKC) Technical Analysis
NYSE:WKC • US9814751064
Current stock price
WKC Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to WKC. In the last year, WKC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, WKC is a bad performer in the overall market: 69% of all stocks are doing better.
- WKC is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 80% are performing better than WKC.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- WKC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WKC is lagging the market.
- In the last month WKC has a been trading in the 22.59 - 29.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WKC Weekly and Daily overview Charts
WKC Setup Rating and Analysis
The technical rating of WKC is bad and it also does not present a 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
WKC Support and Resistance Analysis
22.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.70 to 24.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @23.05 from a horizontal line in the daily time frame.
- A support zone ranging from 22.59 to 22.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @27.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.77 to 28.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.76 from a horizontal line in the daily time frame.
WKC 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 | NEUTRAL | NEUTRAL | The long term trend for WKC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WKC is neutral. |
| ChartMill Relative Strength | 31.89 | NEUTRAL | WKC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WKC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WKC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WKC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.61 | OVERBOUGHT | The high RSI value suggests WKC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests WKC has a positive trend. |
| Stochastics (14,3) | 52.24 | NEUTRAL | The Stochastics value for WKC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for WKC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.46 | POSITIVE | The high ADX value value for WKC suggests a strong trend. |
WKC Chart- and CandleStick Pattern Analysis
WKC Technicals: Chart, Performance Metrics, Trend & Indicators
26.25
+0.14 (+0.54%)
WORLD KINECT CORP / WKC TA FAQ
Can you provide the ChartMill technical rating for WORLD KINECT CORP?
ChartMill assigns a technical rating of 3 / 10 to WKC.
Can you provide the trend direction for WORLD KINECT CORP?
The current trend direction for WORLD KINECT CORP (WKC) is Bearish.
What is the RSI signal for WORLD KINECT CORP (WKC) stock?
WORLD KINECT CORP (WKC) has an RSI value of 71.6117. This indicates that the stock is currently overbought.
What is the MACD signal for WORLD KINECT CORP (WKC) stock?
The MACD indicator for WORLD KINECT CORP (WKC) has a value of 0.324467, indicating a bearish trend.