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Advanced TA SearchArchive - 5/10/2024 - Sign In to see current Signals. |
Kohl's Corp. (KSS) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Kohl's Corp. (KSS). During the week, the KSS dropped -0.25 points, or -1.03%, and closed at 23.93 on Friday, May 10, 2024. Weekly volume was -19% below average. KSS is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold 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 KSS long-term trend chart] A long-term downtrend had started on May 18, 2021 at 64.80 and reached 17.68 on October 13, 2023. KSS lost 47.12 points, or 72.72%, in 125 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 10.25 and resistance is at 62.99. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend. Medium-term trend: [See KSS medium-term trend chart] A medium-term uptrend had started on October 13, 2023 at 17.68 and reached 29.60 on April 1, 2024. KSS gained -11.92 points, or -67.42%, in 24 weeks. The price is now at the 47.57% retracement level. Weekly Technical Indicators: [See KSS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 28, 2024. Use the following link to access a MACD help. Short-term trend: [See KSS short-term trend chart] A short-term uptrend had started on April 18, 2024 at 21.43 and reached 25.90 on April 23, 2024. KSS gained -4.47 points, or -20.86%, in 5 days. The price is now at the 44.07% retracement level. Daily Technical Indicators: [See KSS daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 22, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. A Parabolic SAR (stop and reversal) indicator (23.71) comes close to the price (23.93). 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.
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