WORLD KINECT CORP (WKC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WKC - US9814751064 - Common Stock
We assign a technical rating of 1 out of 10 to WKC. WKC'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.
WKC has a poor technical rating and the quality of the setup is also not perfect 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.
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22.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.58 to 23.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
We can see 5 important resistance areas.
- A resistance zone ranging from 24.40 to 24.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.83 from a trend line in the daily time frame.
- A resistance zone ranging from 26.66 to 26.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.12 to 27.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @28.51 from a trend 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 | DOWN | NEGATIVE | The long term trend for WKC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WKC is neutral. |
| ChartMill Relative Strength | 23.83 | NEGATIVE | WKC has a low relative strength, it was outperformed by 76.17% off all stocks 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 | NEGATIVE | The current price of WKC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WKC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.61 | NEUTRAL | The RSI value for WKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests WKC has a positive trend. |
| Stochastics (14,3) | 44.67 | NEUTRAL | The Stochastics value for WKC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for WKC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.17 | NEGATIVE | The low ADX value for WKC suggests a weak or negative trend. |
24.12
+0.69 (+2.94%)
WORLD KINECT CORP / WKC FAQ
Can you provide the ChartMill technical rating for WORLD KINECT CORP?
ChartMill assigns a technical rating of 1 / 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 53.6133. 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 23.8 and a resistance level at 24.4. Check the full technical report for our detailed analysis of WKC support and resistance levels.