FS KKR Capital Corp. Stock Forecast

Green day on Wednesday for FS KKR Capital Corp.
(Updated on May 01, 2024)

FSK Signals & Forecast

The FS KKR Capital Corp. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $19.28. On a fall, the stock will find some support from the long-term average at approximately $19.00. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, April 24, 2024, and so far it has fallen -1.23%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for FS KKR Capital Corp. stock

FS KKR Capital Corp. finds support from accumulated volume at $18.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.235 between high and low, or 1.23%. For the last week the stock has had daily average volatility of 1.10%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FSK) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect FS KKR Capital Corp. to open at $19.22, and during the day (based on 14 day Average True Range), to move between $18.98 and $19.44, which gives a possible trading interval of +/-$0.232 (+/-1.21%) up or down from last closing price. If FS KKR Capital Corp. takes out the full calculated possible swing range there will be an estimated 2.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $19.23 (0.10%) than the support at $18.82 (2.03%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is FS KKR Capital Corp. stock A Buy?

FS KKR Capital Corp. holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.925 Sell Candidate Unchanged

Predicted Opening Price for FS KKR Capital Corp. of Thursday, May 2, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.