WORLD KINECT CORP (WKC) Stock Technical Analysis
NYSE:WKC - New York Stock Exchange, Inc. - US9814751064 - Common Stock - Currency: USD
Taking everything into account, WKC scores 6 out of 10 in our technical rating. WKC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
WKC is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 70% of 213 stocks in the same industry.
In the last month WKC has a been trading in the 26.64 - 28.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, WKC outperforms 56% of them, which is more or less in line with the market.
WKC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WKC is lagging the market slightly.
WKC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 27.43, a Stop Loss order could be placed below this zone.
More info and screens
23.99
31.71
We found 2 important support areas.
- A support zone ranging from 26.98 to 27.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.40 to 31.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for WKC is up. |
| ChartMill Relative Strength | 56.18 | 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) | 62.35 | NEUTRAL | The RSI value for WKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests WKC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.38 | NEUTRAL | The Stochastics value for WKC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for WKC suggests low volalility. |
| Average Directional Index/ADX (14) | 15.28 | 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)
28.03
+0.52 (+1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.89%
1 Week2.34%
2 Weeks3.36%
1 Month5.53%
3 Month-0.64%
6 Month-0.88%
12 Month8.02%
2 Year35.54%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%1.95%
ATR Inc62.91%
Range Today0.6
ADR(20)0.5
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.18
Mansfield-0.31
10 Day High28.5
10 Day Low26.68
20 Day High28.5
20 Day Low26.65
52 Week High31.71
52 Week Low22.71
CS1 End27.43
CR1 Start27.51
Volume & EV
DER(3)-0.84%
DER(5)-1.19%
Volume603.20K
Volume Incr-22.65%
Vol(5)482.46K
Vol(50)736.77K