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Advanced TA SearchArchive - 5/3/2024 - Sign In to see current Signals. |
Kinder Morgan Inc (KMI) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Kinder Morgan Inc (KMI). During the week, the KMI gave back -0.11 points, or -0.59%, and closed at 18.57 on Friday, May 3, 2024. Weekly volume was 8% above 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 June 8, 2022 at 20.20 and reached 15.77 on June 17, 2022. KMI lost 4.43 points, or 21.93%, in 1 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (16.03) is broken. A broken support is considered to be a long-term bullish signal. 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 long-term trend. Medium-term trend: [See KMI medium-term trend chart] A medium-term uptrend had started on June 17, 2022 at 15.77 and reached 19.36 on December 1, 2022. KMI gained -3.59 points, or -22.76%, in 23 weeks. The chart has formed a Descending Triangle chart pattern. The uptrend resistance line (16.03) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 KMI weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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 March 1, 2024. 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 April 16, 2024 at 17.61 and reached 18.92 on April 22, 2024. KMI gained -1.31 points, or -7.44%, in 6 days. The price is now at the 26.72% retracement level. Daily Technical Indicators: [See KMI daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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