Fri 20'th Jul 2018

PERIOD 2018-04-23 - 2018-07-20
CHANGE 0.36%
PRICE $97.90
VOLUME
Buy
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Request Prediction
0.00%
Predict

Kadant Inc Stock Analysis

Technical stock analysis for Fri 20'th Jul 2018

Buy candidate since 2018-07-19 Gain 0.36%
Shorts 1.51% ( 2018-06-29 )
Cash 253.3 mill
Loans 344.6 mill
Beta 1.34
ROA 4.93

Kadant Inc gained 0.36% in the last trading day, rising from $97.55 to $97.90 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 5 of the last 10 days and is up by 2.89% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 6 053 more shares were traded than the day before. In total, 33 181 shares bought and sold for approximately $3.25 million.

Trend

Given the current horizontal trend you can expect Kadant Inc with 90% probability to be traded between $94.19 and $103.74 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Kadant Inc holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $96.21 and $96.39. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday July 02, 2018, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

The stock had a Golden Star Signal* on Wednesday July 18, 2018 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 59 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Kadant Inc finds support from accumulated volume at $95.95.

Support: $95.95 Price: $97.90 Resistance: $98.20

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.28 (1.31%) between high and low. For the last week, the stock has had a daily average volatility of 1.49%.

Our recommended stoploss: $92.58 (-5.44%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 13 days ago.)

Overall risk:

Very Low Low Medium High Very High

KAI $97.90 $0.35(0.36%)
KAI is up $0.35 today, but where's it headed in August?
Zacks Investment Research is releasing its prediction for KAI based on the 1-3 month system that more than doubles the S&P 500.

Click here – the KAI analysis is free »
Help us IMPROVE our CHARTS HERE.

Last donation

Do you find our website useful too?
Help us improve by making a small donation or
Get PRO features

Proudly made at


in partnership with
START FREE 5-DAY TRIAL