KADANT INC

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	KAI
ISIN:

KADANT INC - Daily - Technical analysis published on 01/07/2020 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 100.70 USD

My targets

113.60 USD (+4.97%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KADANT INC as long as the price remains well above 100.70 USD. The buyers” bullish objective is set at 113.60 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

8.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

KADANT INC rating 108.22 USD. The price registered an increase of +0.25% on the session and was traded between 106.82 USD and 108.88 USD over the period. The price is currently at +1.31% from its lowest and -0.61% from its highest.

106.82

108.88

108.22

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of KADANT INC indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	92.42	100.70	107.08	108.22	113.60
Change (%)	-14.60%	-6.95%	-1.05%	-	+4.97%
Change	-15.80	-7.52	-1.14	-	+5.38
Level	Major	Major	Major	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	103.66	104.58	106.27	107.19	108.88	109.80	111.49
Camarilla	107.23	107.47	107.71	107.95	108.19	108.43	108.67
Woodie	104.04	104.77	106.65	107.38	109.26	109.99	111.87
Fibonacci	104.58	105.58	106.20	107.19	108.19	108.81	109.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	101.87	103.16	105.55	106.84	109.23	110.52	112.91
Camarilla	106.94	107.28	107.61	107.95	108.29	108.63	108.96
Woodie	102.43	103.44	106.11	107.12	109.79	110.80	113.47
Fibonacci	103.16	104.56	105.43	106.84	108.24	109.11	110.52

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87.00	91.79	98.57	103.36	110.14	114.93	121.71
Camarilla	102.16	103.22	104.28	105.34	106.40	107.46	108.52
Woodie	87.99	92.29	99.56	103.86	111.13	115.43	122.70
Fibonacci	91.79	96.21	98.94	103.36	107.78	110.51	114.93

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	73.03
MACD (12,26,9):	2.5500
Directional Movement:	20.27
AROON (14):	85.71
DEMA (21):	108.04
Parabolic SAR (0,02-0,02-0,2):	104.44
Elder Ray (13):	2.04
Super Trend (3,10):	101.87
Zig ZAG (10):	108.22
VORTEX (21):	1.1800
Stochastique (14,3,5):	88.43
TEMA (21):	108.11
Williams %R (14):	-10.95
Chande Momentum Oscillator (20):	3.03
Repulse (5,40,3):	4.0900
ROCnROLL:	1
TRIX (15,9):	0.3900
Courbe Coppock:	6.51

MA7:	106.59
MA20:	104.97
MA50:	98.97
MA100:	91.72
MAexp7:	106.83
MAexp20:	104.54
MAexp50:	99.65
MAexp100:	95.05
Price / MA7:	+1.53%
Price / MA20:	+3.10%
Price / MA50:	+9.35%
Price / MA100:	+17.99%
Price / MAexp7:	+1.30%
Price / MAexp20:	+3.52%
Price / MAexp50:	+8.60%
Price / MAexp100:	+13.86%

News

The latest news and videos published on KADANT INC at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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