KENNAMETAL INC (KMT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KMT - US4891701009 - Common Stock
Overall KMT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, KMT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, KMT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
19.77
When analyzing the support we can see 5 important areas.
- A support zone ranging from 25.45 to 25.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.56 to 21.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.18 from a trend line in the weekly time frame.
- Support @20.77 from a horizontal line in the daily time frame.
- A support zone ranging from 19.97 to 20.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 29.33 to 29.79. 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 | UP | POSITIVE | The long term trend for KMT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KMT is up. |
| ChartMill Relative Strength | 87.29 | POSITIVE | KMT has a high relative strength, it outperformed 87.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.96 | NEUTRAL | The RSI value for KMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests KMT has a negative trend. |
| Stochastics (14,3) | 50.38 | NEUTRAL | The Stochastics value for KMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for KMT suggests some volalility. |
| Average Directional Index/ADX (14) | 38.06 | POSITIVE | The high ADX value value for KMT suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.76 | 27.46 | 1.30 (4.52%) | 22.11% |
| An entry @28.76. This is a Buy Stop order right above the 10 day moving average. | An exit @27.46. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.30 points, which is 4.52%. | When investing 22.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
28.74
+0.31 (+1.09%)
KENNAMETAL INC / KMT FAQ
What is the ChartMill technical rating of KENNAMETAL INC (KMT) stock?
ChartMill assigns a technical rating of 9 / 10 to KMT.
Can you provide the trend direction for KENNAMETAL INC?
The current trend direction for KENNAMETAL INC (KMT) is Bullish.
What is the RSI signal for KENNAMETAL INC (KMT) stock?
KENNAMETAL INC (KMT) has an RSI value of 62.9573. This indicates that the stock is currently neutral.
What is the short term momentum for KMT stock?
The short term momentum for KENNAMETAL INC (KMT) is positive.
What are the support and resistance levels for KENNAMETAL INC (KMT) stock?
KENNAMETAL INC (KMT) has a support level at 25.87 and a resistance level at 29.33. Check the full technical report for our detailed analysis of KMT support and resistance levels.