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KENON HOLDINGS LTD (KEN) Stock Technical Analysis

NYSE:KEN - New York Stock Exchange, Inc. - SG9999012629 - Common Stock - Currency: USD

31.93  -0.08 (-0.25%)

Technical Rating and Analysis

10

Taking everything into account, KEN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, KEN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: KEN has an average volume of 12667 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, KEN did better than 83% of all other stocks.
KEN is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 80% of 21 stocks in the same industry.
KEN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KEN is lagging the market slightly.
In the last month KEN has a been trading in the 29.39 - 34.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
KENON HOLDINGS LTD / KEN Weekly stock chart
KENON HOLDINGS LTD / KEN Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, KEN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 30.74, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

22.80

34.35

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 30.44 to 30.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 29.21 to 29.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @23.82 from a horizontal line in the daily time frame.
  • Support @23.03 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @34.01 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.56
Mansfield1.05
10 Day High33.61
10 Day Low30.81
20 Day High34.33
20 Day Low29.4
52 Week High34.33
52 Week Low19.63
Performance
1 Week-1.96%
2 Weeks2.01%
1 Month7.92%
3 Month18.45%
6 Month24.12%
12 Month28.81%
2 Year3.09%
3 Year-43.18%
5 Year55.73%
10 Year141.02%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)52.46
LBB30.92
UBB33.61
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
32.4730.801.67 (5.14%)19.47%
An entry @32.47. This is a Buy Stop order right above the 10 day moving average.An exit @30.80. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.67 points, which is 5.14%.For a 1.00% total portfolio risk, you can invest 19.47% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
KENON HOLDINGS LTD / KEN Daily stock chart

KENON HOLDINGS LTD

NYSE:KEN (1/24/2025, 2:34:10 PM)

31.93

-0.08 (-0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.25%
1 Week-1.96%
2 Weeks2.01%
1 Month7.92%
3 Month18.45%
6 Month24.12%
12 Month28.81%
2 Year3.09%
3 Year-43.18%
5 Year55.73%
10 Year141.02%
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%3.19%
ATR Inc-7.14%
Range Today0.15
ADR(20)0.83
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.56
Mansfield1.05
10 Day High33.61
10 Day Low30.81
20 Day High34.33
20 Day Low29.4
52 Week High34.33
52 Week Low19.63
CS1 End30.74
CR1 Start34.01
Volume & EV
DER(3)0.38%
DER(5)-1.41%
Volume2.94K
Volume Incr22.31%
Vol(5)16.34K
Vol(50)12.67K