WORLD KINECT CORP (WKC) Technical Analysis
NYSE:WKC • US9814751064
Current stock price
WKC Technical Rating and Analysis
Taking everything into account, WKC scores 0 out of 10 in our technical rating. WKC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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: 74% of all stocks are doing better.
- WKC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 87% of 209 stocks in the same industry do better.
- WKC is currently trading in the lower part 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.
- WKC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
WKC Weekly and Daily overview Charts
WKC Setup Rating and Analysis
Although the technical rating is bad, WKC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.64, a Stop Loss order could be placed below this zone.
More info and screens
WKC Support and Resistance Analysis
22.36
We found 1 important support area.
- A support zone ranging from 22.59 to 22.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 23.46 to 23.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.31 to 27.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @27.95 from a trend line in the weekly time frame.
- Resistance @28.76 from a horizontal line in the daily time frame.
WKC Technical Indicator Signal Analysis
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 | 26.18 | NEGATIVE | WKC has a low relative strength, it was outperformed by 73.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WKC is above 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) | 45.78 | NEUTRAL | The RSI value for WKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests WKC has a positive trend. |
| Stochastics (14,3) | 72.3 | NEUTRAL | The Stochastics value for WKC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for WKC suggests some volalility. |
| Average Directional Index/ADX (14) | 43.55 | POSITIVE | The high ADX value value for WKC suggests a strong trend. |
WKC Chart- and CandleStick Pattern Analysis
WKC Technicals: Chart, Performance Metrics, Trend & Indicators
23.45
+0.39 (+1.69%)
WORLD KINECT CORP / WKC TA FAQ
Can you provide the ChartMill technical rating for WORLD KINECT CORP?
ChartMill assigns a technical rating of 0 / 10 to WKC.
Can you provide the trend direction for WORLD KINECT CORP?
The current trend direction for WORLD KINECT CORP (WKC) is Bearish.
What is the RSI signal for WORLD KINECT CORP (WKC) stock?
WORLD KINECT CORP (WKC) has an RSI value of 45.7788. This indicates that the stock is currently neutral.
What is the MACD signal for WORLD KINECT CORP (WKC) stock?
The MACD indicator for WORLD KINECT CORP (WKC) has a value of 0.146115, indicating a bearish trend.
What is the buy/sell signal for WKC stock?
The buy/sell signal for WORLD KINECT CORP (WKC) is sell as both the short term and long term trends are negative.