KENNAMETAL INC. - Daily - Technical analysis published on 09/30/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Additional analysis
Quotes
The KENNAMETAL INC. rating is 30.74 USD. The price registered an increase of +2.23% on the session and was between 30.12 USD and 31.08 USD. This implies that the price is at +2.06% from its lowest and at -1.09% from its highest.So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of KENNAMETAL INC. indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26.29 | 27.76 | 28.98 | 30.74 | 30.77 | 33.52 | 37.00 |
| Change (%) | -14.48% | -9.69% | -5.73% | - | +0.10% | +9.04% | +20.36% |
| Change | -4.45 | -2.98 | -1.76 | - | +0.03 | +2.78 | +6.26 |
| Level | Major | Major | Intermediate | - | Major | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.42 | 28.61 | 29.34 | 30.54 | 31.27 | 32.46 | 33.19 |
| Camarilla | 29.54 | 29.72 | 29.89 | 30.07 | 30.25 | 30.42 | 30.60 |
| Woodie | 27.18 | 28.49 | 29.11 | 30.42 | 31.03 | 32.34 | 32.96 |
| Fibonacci | 28.61 | 29.35 | 29.80 | 30.54 | 31.27 | 31.73 | 32.46 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.37 | 28.58 | 29.32 | 30.53 | 31.27 | 32.48 | 33.22 |
| Camarilla | 29.53 | 29.71 | 29.89 | 30.07 | 30.25 | 30.43 | 30.61 |
| Woodie | 27.15 | 28.46 | 29.10 | 30.41 | 31.05 | 32.36 | 33.00 |
| Fibonacci | 28.58 | 29.32 | 29.78 | 30.53 | 31.27 | 31.73 | 32.48 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.46 | 23.47 | 26.68 | 30.70 | 33.91 | 37.93 | 41.13 |
| Camarilla | 27.90 | 28.57 | 29.23 | 29.89 | 30.55 | 31.22 | 31.88 |
| Woodie | 19.05 | 23.27 | 26.28 | 30.50 | 33.50 | 37.72 | 40.73 |
| Fibonacci | 23.47 | 26.23 | 27.94 | 30.70 | 33.46 | 35.17 | 37.93 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
| RSI (14): | 49.06 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -6.80 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 30.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 32.30 | |
| Elder Ray (13): | -0.32 | |
| Super Trend (3,10): | 33.73 | |
| Zig ZAG (10): | 30.82 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 21.72 | |
| TEMA (21): | 31.17 | |
| Williams %R (14): | -77.79 | |
| Chande Momentum Oscillator (20): | -1.87 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 3.48 |
| MA7: | 30.69 | |
| MA20: | 31.18 | |
| MA50: | 31.04 | |
| MA100: | 32.28 | |
| MAexp7: | 30.84 | |
| MAexp20: | 30.90 | |
| MAexp50: | 31.31 | |
| MAexp100: | 32.49 | |
| Price / MA7: | +0.16% | |
| Price / MA20: | -1.41% | |
| Price / MA50: | -0.97% | |
| Price / MA100: | -4.77% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | -0.52% | |
| Price / MAexp50: | -1.82% | |
| Price / MAexp100: | -5.39% |
News
The last news published on KENNAMETAL INC. at the time of the generation of this analysis was as follows:
- Kennametal to Attend the Longbow Research Investors Conference
- Kennametal Announces Fourth Quarter and Fiscal 2019 Results; Outlook for Fiscal 2020
- Kennametal to Attend the Jefferies 2019 Global Industrials Conference
- Kennametal to Host Earnings Conference Call & Webcast on Fourth Quarter and Fiscal Year End 2019 Results
- Kennametal Initiates Restructuring Actions
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