KINROSS GOLD CORP. - Daily - Technical analysis published on 06/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 3.80 USD
My targets
4.20 USD (+6.33%)
4.93 USD (+24.81%)
My analysis
KINROSS GOLD CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3.80 USD. The next resistance located at 4.20 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.93 USD. After this resistance, buyers could then target 5.74 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The KINROSS GOLD CORP. rating is 3.95 USD. The price registered an increase of +4.22% on the session and was between 3.83 USD and 3.96 USD. This implies that the price is at +3.13% from its lowest and at -0.25% from its highest.3.83
3.96
3.95
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this KINROSS GOLD CORP. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.91 | 3.05 | 3.80 | 3.95 | 4.20 | 4.93 | 5.74 |
| Change (%) | -26.33% | -22.78% | -3.80% | - | +6.33% | +24.81% | +45.32% |
| Change | -1.04 | -0.90 | -0.15 | - | +0.25 | +0.98 | +1.79 |
| Level | Intermediate | Major | Major | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.55 | 3.62 | 3.70 | 3.78 | 3.86 | 3.93 | 4.01 |
| Camarilla | 3.75 | 3.76 | 3.78 | 3.79 | 3.80 | 3.82 | 3.83 |
| Woodie | 3.56 | 3.62 | 3.71 | 3.78 | 3.87 | 3.93 | 4.02 |
| Fibonacci | 3.62 | 3.68 | 3.72 | 3.78 | 3.83 | 3.87 | 3.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.97 | 3.19 | 3.49 | 3.71 | 4.01 | 4.23 | 4.53 |
| Camarilla | 3.65 | 3.69 | 3.74 | 3.79 | 3.84 | 3.89 | 3.93 |
| Woodie | 3.01 | 3.21 | 3.53 | 3.73 | 4.05 | 4.25 | 4.57 |
| Fibonacci | 3.19 | 3.39 | 3.51 | 3.71 | 3.91 | 4.03 | 4.23 |
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): | 77.25 | |
| MACD (12,26,9): | 0.1500 | |
| Directional Movement: | 29.62 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 3.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.43 | |
| Elder Ray (13): | 0.27 | |
| Super Trend (3,10): | 3.45 | |
| Zig ZAG (10): | 3.95 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 85.25 | |
| TEMA (21): | 3.82 | |
| Williams %R (14): | -1.67 | |
| Chande Momentum Oscillator (20): | 0.44 | |
| Repulse (5,40,3): | 4.9400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4700 | |
| Courbe Coppock: | 20.22 |
| MA7: | 3.69 | |
| MA20: | 3.51 | |
| MA50: | 3.31 | |
| MA100: | 3.36 | |
| MAexp7: | 3.73 | |
| MAexp20: | 3.55 | |
| MAexp50: | 3.40 | |
| MAexp100: | 3.33 | |
| Price / MA7: | +7.05% | |
| Price / MA20: | +12.54% | |
| Price / MA50: | +19.34% | |
| Price / MA100: | +17.56% | |
| Price / MAexp7: | +5.90% | |
| Price / MAexp20: | +11.27% | |
| Price / MAexp50: | +16.18% | |
| Price / MAexp100: | +18.62% |
News
The latest news and videos published on KINROSS GOLD CORP. at the time of the analysis were as follows:
- Kinross announces Annual Shareholder Meeting voting results
- Kinross reports 2019 first-quarter results
- Kinross announces changes to senior leadership structure
- Kinross to announce Q1 financial results on May 7, 2019
- Kinross announces appointment of new Chief Financial Officer
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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