KT Corp Technical Analysis (NYSE:KT)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The KT stock chart pattern can give those who understand technical analysis an indication of which way KT stock is headed, but cannot predict with 100% certainty as to what can happen to the KT Corp stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for KT Corp. Technical analysis uses an approach for KT Corp stock analysis that does not care for the fair value of a company but uses price and volume data only.
KT Corp Moving Average
Moving averages show the average price of KT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $13.79 is below the last closing price of $14.41 and the 50 day moving average of $13.59 is below the last closing price of $14.41. The 10 and 20 day periods can predict short term moving average trends.
KT Corp Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the KT stock. KT Corp bollinger bands show that the stock price is $14.41, upper band is 14.4, lower band is 13.17, and the average is 13.79.
KT Corp Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The KT Corp MACD line is below the signal line.
KT Corp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of KT stock is 56.33.