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Uptrend ExhaustionArchive - 12/13/2024 - 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 dropped -0.89 points, or -3.20%, and closed at 26.88 on Friday, December 13, 2024. Weekly volume was -13% below average. Long-term trend: [See KMI long-term trend chart] A long-term uptrend had started on June 17, 2022 at 15.77 and reached 28.81 on November 22, 2024. KMI gained -13.04 points, or -82.69%, in 127 weeks. The chart has formed a Rectangle chart pattern. The uptrend resistance line (15.54) 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 long-term trend. Medium-term trend: [See KMI medium-term trend chart] A medium-term downtrend had started on November 22, 2024 at 28.81 and reached 26.70 on December 13, 2024. KMI lost 2.11 points, or 7.32%, in 3 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 26.50 and resistance is at 27.57. 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 medium-term trend. Weekly Technical Indicators: [See KMI weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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. The weekly MACD line is above its signal line since March 1, 2024. 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 December 5, 2024 at 28.22 and reached 26.70 on December 13, 2024. KMI lost 1.52 points, or 5.39%, in 8 days. The price is now at the 11.84% retracement level. Daily Technical Indicators: [See KMI daily technical indicators chart] Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since November 27, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong. During the last week, the price has declined below 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.
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