WORLD KINECT CORP (WKC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WKC - US9814751064 - Common Stock
Taking everything into account, WKC scores 1 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.
WKC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.18, a Stop Loss order could be placed below this zone.
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22.78
When analyzing the support we notice one important area.
- 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.
5 important resistance areas can be observed.
- A resistance zone ranging from 23.82 to 24.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.65 to 25.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.66 to 26.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.12 to 27.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 28.59 to 28.87. 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 | 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 | 21.18 | NEGATIVE | WKC has a low relative strength, it was outperformed by 78.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WKC is below the rising 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) | 42.98 | NEUTRAL | The RSI value for WKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WKC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.13 | NEUTRAL | The Stochastics value for WKC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for WKC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.37 | NEGATIVE | The low ADX value for WKC suggests a weak or negative trend. |
23.58
-0.07 (-0.3%)
WORLD KINECT CORP / WKC FAQ
Can you provide the ChartMill technical rating for WORLD KINECT CORP?
ChartMill assigns a technical rating of 1 / 10 to WKC.
What is the current trend direction of WORLD KINECT CORP (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 42.9757. This indicates that the stock is currently neutral.
What is the short term momentum for WORLD KINECT CORP (WKC) stock?
The short term momentum for WORLD KINECT CORP (WKC) is negative.
What is the buy/sell signal for WORLD KINECT CORP (WKC) stock?
The buy/sell signal for WORLD KINECT CORP (WKC) is sell as both the short term and long term trends are negative.