KITS EYECARE LTD (KITS.CA) Stock Technical Analysis
TSX:KITS - Toronto Stock Exchange - CA49804N1042 - Common Stock - Currency: CAD
Taking everything into account, KITS scores 5 out of 10 in our technical rating. In the past year, KITS was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
In the last month KITS has a been trading in the 8.01 - 9.64 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that KITS is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
KITS is an average performer in the Specialty Retail industry, it outperforms 64% of 15 stocks in the same industry.
KITS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KITS is lagging the market.
Considerably lower volume is observed in the last couple of days.
KITS has only a medium technical rating, but it does show 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 a resistance zone just above the current price starting at 8.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.59, a Stop Loss order could be placed below this zone.
More info and screens
7.11
9.50
5 important support areas can be observed.
- A support zone ranging from 8.53 to 8.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.24 from a trend line in the weekly time frame.
- Support @7.88 from a horizontal line in the weekly time frame.
- Support @7.58 from a trend line in the daily time frame.
- Support @7.18 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.80 to 9.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.29 to 9.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.26
Mansfield-0.37
10 Day High9
10 Day Low8.5
20 Day High9.64
20 Day Low8.01
52 Week High11.75
52 Week Low5.39
Performance
1 Week-1.9%
2 Weeks1.39%
1 Month1.15%
3 Month-0.45%
6 Month-17.98%
12 Month48.47%
2 Year115.23%
3 Year230.57%
5 YearN/A
10 YearN/A
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)-0.02
RSI(14)50.79
LBB8.58
UBB9.04
TSX:KITS (2/21/2025, 7:00:00 PM)
8.76
-0.04 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.45%
1 Week-1.9%
2 Weeks1.39%
1 Month1.15%
3 Month-0.45%
6 Month-17.98%
12 Month48.47%
2 Year115.23%
3 Year230.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%3.52%
ATR Inc-43.71%
Range Today0.17
ADR(20)0.29
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.26
Mansfield-0.37
10 Day High9
10 Day Low8.5
20 Day High9.64
20 Day Low8.01
52 Week High11.75
52 Week Low5.39
CS1 End8.59
CR1 Start8.8
Volume & EV
DER(3)-2.78%
DER(5)-0.27%
Volume20.66K
Volume Incr-87.23%
Vol(5)11.39K
Vol(50)51.11K