Kenon Holdings Technical Analysis (NYSE:KEN)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The KEN stock chart pattern can give those who understand technical analysis an indication of which way KEN stock is headed, but cannot predict with 100% certainty as to what can happen to the Kenon Holdings stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Kenon Holdings. The technical analysis form of Kenon Holdings stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Kenon Holdings Moving Average
Moving averages show the average price of KEN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $15.27 is above the price of $14.65.
Kenon Holdings Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Kenon Holdings. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Kenon Holdings bollinger bands show that the stock price is $14.65, upper band is 15.89, lower band is 14.64, and the average is 15.27.
Kenon Holdings Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Kenon Holdings MACD indicator is below 0 indicating a bearish trend.
Kenon Holdings Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 34.87 is the RSI value of KEN stock.