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Quarterly Pattern:Falling Channel
Number of records: 7
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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 :Williams' Percentage Range and Lane's Stochastic are oversold
Daily :Daily  MACD line has moved above its signal linePrice is near the Fibonacci 23.6% retracement levelThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a second positive week after 9 consecutive negative weeks for the Kinder Morgan Inc (KMI). During the week, the KMI gained 0.22 points, or 1.28%, and closed at 17.41 on Friday, December 01, 2017. It was the best weekly gain since September 15, 2017. Weekly volume was 62% above average.

Long-term trend: [See KMI long-term trend chart]
A long-term downtrend had started on October 3, 2016 at 23.36 and reached 16.68 on November 29, 2017. KMI lost 6.68 points, or 28.60%, in 60 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 16.86 and resistance is at 20.83. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.

Medium-term trend: [See KMI medium-term trend chart]
A medium-term downtrend had started on July 20, 2017 at 21.25 and reached 16.68 on November 29, 2017. KMI lost 4.57 points, or 21.51%, in 18 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 16.64 and resistance is at 18.19. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See KMI weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 below its signal line since October 13, 2017. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See KMI short-term trend chart]
A short-term downtrend had started on September 20, 2017 at 19.85 and reached 16.68 on November 29, 2017. KMI lost 3.17 points, or 15.97%, in 70 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance 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 moved above the moving average in the center of the Bollinger Bands. 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) 45.36
Williams' Percentage Range (W%R) 59.20
Lane's Stochastic (%D-Slow) 52.46
Greed/Fear Indicator (GFI) 46.20
Moving Average Converg./Diverg. (MACD) -0.37
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 23.96
Williams' Percentage Range (W%R) 86.40
Oversold
Lane's Stochastic (%D-Slow) 11.09
Oversold
Greed/Fear Indicator (GFI) 21.71
Moving Average Converg./Diverg. (MACD) -0.54
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 20.83
Upper Bollinger Band 18.22
Weekly Trendline Resistance 18.19
50 Day Moving Average 18.17
Price 17.41
20 Day Moving Average 17.34
Daily Stochastic Crossing 17.13
Weekly Stochastic Crossing 16.95
Quarterly Trendline Support 16.86
Parabolic System 16.69
Weekly Trendline Support 16.64
Lower Bollinger Band 16.54
Sector and Industry
Description Name Rank
Sector Utilities 7
Industry Gas Utilities 22
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 19.85
High Date 09/20/2017
Low 16.68
Low Date 11/29/2017
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 18.19
Support 16.64
High 21.25
High Date 07/20/2017
Low 16.68
Low Date 11/29/2017
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 23.01
High Date 02/03/2017
Low 16.68
Low Date 11/29/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 20.83
Support 16.86
High 23.36
High Date 10/03/2016
Low 16.68
Low Date 11/29/2017
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
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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