|
|
|
|
Gas Utilities Industry Stocks Technical Analysis - KMIArchive
- 4/26/2024 -
Sign In to see current Signals. |
Kinder Morgan Inc (KMI) Technical Analysis
|
 |
| 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 -0.16 points, or -0.85%, and closed at 18.68 on Friday, April 26, 2024. KMI was trading at average weekly trading volume.
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 (16.02) 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. KMI 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 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 (16.02) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly 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 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 near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 chart has formed a Broadening Ascending Wedge chart pattern.
 Daily Technical Indicators: [See KMI daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Utilities |
11 |
| Industry |
Gas Utilities |
118 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Low |
17.61 |
| Low Date |
04/16/2024 |
| High |
18.92 |
| High Date |
04/22/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
16.47 |
| Low Date |
02/13/2024 |
| High |
18.92 |
| High Date |
04/22/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
18.96 |
| Support |
16.81 |
| Low |
15.89 |
| Low Date |
10/04/2023 |
| High |
18.92 |
| High Date |
04/22/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Descending Triangle |
| Status |
Broken Resistance |
| Resistance |
17.04 |
| Support |
16.02 |
| Low |
15.77 |
| Low Date |
06/17/2022 |
| High |
19.36 |
| High Date |
12/01/2022 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Descending Triangle |
| Status |
Broken Resistance |
| Resistance |
17.00 |
| Support |
16.02 |
| High |
20.20 |
| High Date |
06/08/2022 |
| Low |
15.77 |
| Low Date |
06/17/2022 |
|
|