RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KNTK
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Kinetik Holdings Inc. stock upgraded from Hold/Accumulate to Buy Candidate after Tuesday trading session.
(Updated on Jul 23, 2024)

Buy or Hold candidate since Jun 24, 2024 Gain 9.48% PDF

The Kinetik Holdings Inc. stock price fell by -1.51% on the last day (Tuesday, 23rd Jul 2024) from $45.14 to $44.46. During the last trading day the stock fluctuated 1.83% from a day low at $44.32 to a day high of $45.13. The price has risen in 7 of the last 10 days and is up by 6.41% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -39 thousand shares and in total, 374 thousand shares were bought and sold for approximately $16.61 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 11.98% during the next 3 months and, with a 90% probability hold a price between $46.48 and $50.64 at the end of this 3-month period.

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KNTK Signals & Forecast

The Kinetik Holdings Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $43.98 and $41.58. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Monday, July 22, 2024, and so far it has fallen -1.51%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Kinetik Holdings Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $40.99 and $39.89. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Kinetik Holdings Inc. finds support just below today's level at $40.99. If this is broken, then the next support from accumulated volume will be at $39.89 and $39.83.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.81 between high and low, or 1.83%. For the last week, the stock has had daily average volatility of 2.16%.

Our recommended stop-loss: $42.66 (-4.04%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (KNTK) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Kinetik Holdings Inc. to open at $44.64, and during the day (based on 14 day Average True Range), to move between $43.63 and $45.29, which gives a possible trading interval of +/-$0.83 (+/-1.86%) up or down from last closing price. If Kinetik Holdings Inc. takes out the full calculated possible swing range there will be an estimated 3.71% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $45.04 (1.30%) than the support at $40.99 (7.80%), 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 Kinetik Holdings Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Kinetik Holdings Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.054 Buy Candidate Upgraded

Predicted Opening Price for Kinetik Holdings Inc. of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$44.64 ( 0.398%) $44.46

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

Trading levels for KNTK

Fibonacci Support & Resistance Levels

Level Price
R3 45.45 2.22%
R2 45.14 1.52%
R1 44.95 1.09%
Price 44.46
S1 44.33 -0.297%
S2 44.14 -0.726%
S3 43.83 -1.42%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 45.14 1.53%
R1 45.04 1.30%
Price 44.46
S1 40.99 -7.80%
S2 39.89 -10.28%
S3 39.83 -10.41%

KNTK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 29, 2024 Jul 29, 2024 Aug 07, 2024 $0.750 1.69%
2 Apr 18, 2024 Apr 26, 2024 May 09, 2024 $0.750 1.93%
3 Jan 24, 2024 Feb 21, 2024 Mar 07, 2024 $0.750 2.13%
4 Nov 01, 2023 Nov 10, 2023 Nov 22, 2023 $0.750 2.09%
5 Jul 20, 2023 Aug 03, 2023 Aug 16, 2023 $0.750 2.12%

FAQ

What is the symbol for Kinetik Holdings Inc. Stock and on which exchange is it traded?
The symbol for Kinetik Holdings Inc. is KNTK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Kinetik Holdings Inc. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Kinetik Holdings Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Kinetik Holdings Inc. Stock?
Kinetik Holdings Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Kinetik Holdings Inc. Stock.

What's the current price of Kinetik Holdings Inc. Stock?
As of the end of day on the Jul 23, 2024, the price of an Kinetik Holdings Inc. (KNTK) share was $44.46.

What is the 52-week high and low for Kinetik Holdings Inc. Stock?
The 52-week high for Kinetik Holdings Inc. Stock is $45.24 and the 52-week low is $31.31.

What is the market capitalization of Kinetik Holdings Inc. Stock?
As of the Jul 23, 2024, the market capitalization of Kinetik Holdings Inc. is 2.696B.

When is the next earnings date for Kinetik Holdings Inc.?
The upcoming earnings date for Kinetik Holdings Inc. is Aug 07, 2024.
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About Kinetik Holdings Inc.

Kinetik Holdings. Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. It provides gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water. The company is headquartered in Midland, Texas.... KNTK Profile

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