Sign In to see current Signals.
Kimco Realty Corp.
Move cursor over the icon to see details.
|It was a first positive week for the Kimco Realty Corp. (KIM). During the week, the KIM gained 1.05 points, or 7.09%, and closed at 15.87 on Friday, January 11, 2019. It was the best weekly gain since August 3, 2018. Weekly volume was -15% below average. |
Long-term trend: [See KIM long-term trend chart]
A long-term downtrend had started on June 22, 2018 at 17.96 and reached 14.29 on December 26, 2018. KIM lost 3.67 points, or 20.43%, in 26 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 13.56 and resistance is at 16.97. 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See KIM medium-term trend chart]
A medium-term downtrend had started on December 7, 2018 at 17.11 and reached 14.29 on December 26, 2018. KIM lost 2.82 points, or 16.48%, in 2 weeks. The chart has formed a Ascending Triangle chart pattern. The downtrend resistance line (14.37) 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 December 14, 2018. 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 December 26, 2018 at 14.29 and reached 15.96 on January 10, 2019. KIM gained -1.67 points, or -11.69%, in 15 days. The price is now at the 5.39% retracement level.
Daily Technical Indicators: [See KIM daily technical indicators chart]
Daily Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought 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 link to access Lane's Stochastic help.
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.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and 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.