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Advanced TA SearchArchive
- 5/10/2024 -
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Kimco Realty Corp. (KIM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Kimco Realty Corp. (KIM). During the week, the KIM gave back -0.12 points, or -0.63%, and closed at 18.98 on Friday, May 10, 2024. Weekly volume was -25% below average.
 Long-term trend: [See KIM long-term trend chart]
A long-term downtrend had started on April 28, 2022 at 26.57 and reached 16.34 on October 25, 2023. KIM lost 10.23 points, or 38.50%, in 77 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See KIM medium-term trend chart]
A medium-term downtrend had started on December 14, 2023 at 22.84 and reached 17.57 on April 16, 2024. KIM lost 5.27 points, or 23.07%, in 17 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (17.64) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. KIM may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See KIM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since February 16, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See KIM short-term trend chart]
A short-term uptrend had started on April 16, 2024 at 17.57 and reached 19.40 on May 3, 2024. KIM gained -1.83 points, or -10.42%, in 17 days. The chart has formed a Rising Channel chart pattern. The price is near the trend support (18.93) line. The support is usually stronger when technical indicators are oversold. 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 support line in a short-term trend.
 Daily Technical Indicators: [See KIM daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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 link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since April 19, 2024. This is an indication that the short-term trend is up.
A Parabolic SAR (stop and reversal) indicator (18.96) comes close to the price (18.98). It indicates that the trend is getting weaker. 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.
Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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