WORLD KINECT CORP (WKC) Stock Technical Analysis
NYSE:WKC • US9814751064
We assign a technical rating of 5 out of 10 to WKC. In the last year, WKC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, WKC outperforms 48% of them, which is more or less in line with the market.
- WKC is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, WKC did better than 41% of them.
- 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 25.55 - 28.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WKC has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
22.78
We found 2 important support areas.
- Support @23.72 from a horizontal line in the weekly time frame.
- A support zone ranging from 23.01 to 23.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 26.83 to 27.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 27.83 to 28.25. 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.
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 | 48.4 | NEUTRAL | WKC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WKC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WKC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WKC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.8 | NEUTRAL | The RSI value for WKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests WKC has a negative trend. |
| Stochastics (14,3) | 50.82 | NEUTRAL | The Stochastics value for WKC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for WKC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.97 | NEUTRAL | The ADX value for WKC suggests a possible start of a new trend. |
26.79
+0.44 (+1.67%)
WORLD KINECT CORP / WKC FAQ
Can you provide the ChartMill technical rating for WORLD KINECT CORP?
ChartMill assigns a technical rating of 5 / 10 to WKC.
What is the trend direction for WKC stock?
The current trend direction for WORLD KINECT CORP (WKC) is Bearish.
What is the RSI signal for WKC stock?
WORLD KINECT CORP (WKC) has an RSI value of 51.7957. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WORLD KINECT CORP?
The short term momentum for WORLD KINECT CORP (WKC) is neutral.
Can you provide the support and resistance levels for WORLD KINECT CORP?
WORLD KINECT CORP (WKC) has a support level at 23.72 and a resistance level at 26.83. Check the full technical report for our detailed analysis of WKC support and resistance levels.