WORLD KINECT CORP (WKC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WKC - US9814751064 - Common Stock
We assign a technical rating of 7 out of 10 to WKC. 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.
Although WKC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.08 to 27.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.46 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 | 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 | 50.05 | 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) | UP | POSITIVE | The current price of WKC is above the rising 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) | 76.42 | OVERBOUGHT | The high RSI value suggests WKC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests WKC has a positive trend. |
| Stochastics (14,3) | 91.83 | OVERBOUGHT | The high Stochastics value suggests WKC may be overbought. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for WKC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.95 | POSITIVE | The high ADX value value for WKC suggests a strong trend. |
27.07
+0.17 (+0.63%)
WORLD KINECT CORP / WKC FAQ
Can you provide the ChartMill technical rating for WORLD KINECT CORP?
ChartMill assigns a technical rating of 7 / 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 76.4172. This indicates that the stock is currently overbought.
Can you provide the short term momentum for WORLD KINECT CORP?
The short term momentum for WORLD KINECT CORP (WKC) is positive.
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 27.08. Check the full technical report for our detailed analysis of WKC support and resistance levels.