Kohl's Corporation Stock Analysis
Technical stock analysis for 23 January 2019
|Shorts||6.40% ( 2018-12-31 )|
Kohl's Corporation gained 0.27% in the last trading day, rising from $69.30 to $69.49 The price has risen in 7 of the last 10 days and is up by 0.45% over the past 2 weeks. Volume fell in the last day by -3.12 million shares, and in total, 2.38 million shares bought and sold for approximately $165.17 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
Close price at the end of the last trading day (Wednesday, 23rd Jan 2019) of the KSS stock was $69.49. This is 0.27% more than the trading day before Tuesday, 22nd Jan 2019.
During day the stock fluctuated 2.96% from a day low at $67.84 to a day high of $69.85.
30 day high of the KSS stock price was $71.46 and low was $58.66.
90 day high was $83.28 and low was $58.66.
52 week high for the Kohl's Corporation - $83.28 and low - $57.89.
Kohl's Corporation lies the upper part of a very wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $72.00 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -14.76% during the next 3 months and, with 90% probability hold a price between $47.09 and $61.37 at the end of this period.
Kohl's Corporation holds buy signals from both short- and long-term moving averages. In addition, 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 $68.42 and $65.37. A break down below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and 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 sales signal was issued from a pivot top point on Friday January 18, 2019, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSI14 is 56 and the stock is currently not being overbought or oversold
Support & Resistance
Kohl's Corporation finds support from accumulated volume at $66.54.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.01 between high and low, or 2.96%. For the last week, the stock has had a daily average volatility of 2.68%.
Our recommended stoploss: $66.64 (-4.10%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 2 days ago.)
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Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.
|KSS $69.49 $0.19(0.27%)|
KSS is up $0.19 today, but where's it headed in 2019?
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