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Quarterly Pattern:Falling Channel
Number of records: 10
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Channeling Stock - rising channel and falling channel.
Stock channeling technique is one of the most efficient and widely used trading technique. Price channel represents price movement bound by parallel lower (support) and upper (resistance) trend lines. Channels with rising trend lines (rising channel) are considered bullish and the falling channel is considered as bearish . Channels are continuation formations as far as support and resistance are not broken.
Trading technique:
# 1
Buy channeling stock on support and sell on resistance.
# 2 For bullish channel: sell channeling stock when price breakes the stock channeling support line. For bearish channel: buy channeling stock when price breaks the resistance line.
Tips:
# 1 For the best results, stock channeling should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
channeling stock,stock channeling,rising channel,falling channel,Price Channel
Kinder Morgan Inc
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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is overboughtStochastic signal line moved below overbought areaTrend resistance at 18.08
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price is above the upper Bollinger BandThe Bollinger Bands are historically close together
Move cursor over the icon to see details.

It was a first positive week for the Kinder Morgan Inc (KMI). During the week, the KMI gained 0.55 points, or 3.12%, and closed at 18.17 on Friday, August 10, 2018. It was the best weekly gain since June 22, 2018. Weekly volume was -12% below average.

KMI is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See KMI long-term trend chart]
A long-term downtrend had started on April 24, 2015 at 44.71 and reached 11.20 on January 20, 2016. KMI lost 33.51 points, or 74.95%, in 38 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (18.08). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See KMI medium-term trend chart]
A medium-term uptrend had started on April 3, 2018 at 14.69 and reached 18.45 on July 19, 2018. KMI gained -3.76 points, or -25.60%, in 15 weeks. The price is now at the 7.45% retracement level.

Weekly Technical Indicators: [See KMI weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 4, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See KMI short-term trend chart]
A short-term uptrend had started on August 2, 2018 at 17.35 and reached 18.25 on August 10, 2018. KMI gained -0.90 points, or -5.19%, in 8 days. The price is now at the 8.89% retracement level.

Daily Technical Indicators: [See KMI daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The distance between the Bollinger Bands (3.52%) is close to one year low (3.34%). It is 62.19% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.57
Williams' Percentage Range (W%R) 49.10
Lane's Stochastic (%D-Slow) 77.23
Greed/Fear Indicator (GFI) 63.57
Moving Average Converg./Diverg. (MACD) 0.11
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.39
Williams' Percentage Range (W%R) 14.40
Overbought
Lane's Stochastic (%D-Slow) 78.11
Greed/Fear Indicator (GFI) 73.96
Moving Average Converg./Diverg. (MACD) -0.09
Trading Signals
Description Value Chart
Price 18.17
Upper Bollinger Band 18.13
Yearly Trendline Resistance 18.08
Daily Stochastic Crossing 18.05
Weekly Stochastic Crossing 18.01
20 Day Moving Average 17.82
50 Day Moving Average 17.54
Lower Bollinger Band 17.50
Parabolic System 17.40
Sector and Industry
Description Name Rank
Sector Utilities 10
Industry Gas Utilities 109
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 17.35
Low Date 08/02/2018
High 18.25
High Date 08/10/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.35
Low Date 08/02/2018
High 18.25
High Date 08/10/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 14.69
Low Date 04/03/2018
High 18.45
High Date 07/19/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 23.36
High Date 10/03/2016
Low 14.69
Low Date 04/03/2018
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Resistance
Resistance 18.08
Support 11.89
High 44.71
High Date 04/24/2015
Low 11.20
Low Date 01/20/2016
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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