WORLD KINECT CORP (WKC) Stock Technical Analysis
USA - NYSE:WKC - US9814751064 - Common Stock
25.01 USD
+0.13 (+0.52%)
25.01 USD
0 (0%)
Taking everything into account, WKC scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WKC is a bad performer in the overall market: 72% of all stocks are doing better.
WKC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 62% of 210 stocks in the same industry do better.
WKC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WKC has a been trading in the 23.66 - 26.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WKC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
23.48
31.71
When analyzing the support we can see 2 important areas.
- Support @24.96 from a trend line in the weekly time frame.
- Support @23.72 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 25.32 to 26.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 27.27 to 27.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 28.49 to 28.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.40 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 | DOWN | NEGATIVE | The long term trend for WKC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WKC is down. |
| ChartMill Relative Strength | 28.49 | NEGATIVE | WKC has a low relative strength, it was outperformed by 71.51% off all stocks 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) | 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) | 44.17 | NEUTRAL | The RSI value for WKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests WKC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.33 | NEUTRAL | The Stochastics value for WKC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for WKC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.56 | NEGATIVE | The low ADX value for WKC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
25.01
+0.13 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.52%
1 Week-2.11%
2 Weeks-3.25%
1 Month-0.4%
3 Month-1.11%
6 Month-9.84%
12 Month-10.2%
2 Year18.87%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%2.66%
ATR Inc-18.01%
Range Today0.48
ADR(20)0.66
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.49
3 months CRS35.39
6 months CRS20.1
Mansfield-1.67
10 Day High26.26
10 Day Low23.66
20 Day High26.85
20 Day Low23.66
52 Week High31.54
52 Week Low22.71
CS1 End24.96
CR1 Start25.32
Volume & EV
DER(3)-7.62%
DER(5)-6.33%
Volume735.50K
Volume Incr51.03%
Vol(5)901.44K
Vol(50)687.43K
WORLD KINECT CORP / WKC FAQ
Can you provide the ChartMill technical rating for WORLD KINECT CORP?
ChartMill assigns a technical rating of 0 / 10 to WKC.
What is the current trend direction of WORLD KINECT CORP (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 44.1702. This indicates that the stock is currently neutral.
What is the short term momentum for WORLD KINECT CORP (WKC) stock?
The short term momentum for WORLD KINECT CORP (WKC) is negative.
What is the buy/sell signal for WORLD KINECT CORP (WKC) stock?
The buy/sell signal for WORLD KINECT CORP (WKC) is sell as both the short term and long term trends are negative.