KMI closes higher for the 2nd day in a row


Kinder Morgan Inc. (KMI) Technical Analysis Report for Mar 25, 2020 | by Techniquant Editorial Team

Highlights

KMI closes higher for the 2nd day in a row
KMI ends the day indecisive

Overview

Moving higher for the 2nd day in a row, KMI finished Wednesday at 13.73 gaining $0.85 (6.6%), significantly outperforming the S&P 500 (1.15%). Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.

Daily Candlestick Chart (KMI as at Mar 25, 2020):

Daily technical analysis candlestick chart for Kinder Morgan Inc. (KMI) as at Mar 25, 2020

Wednesday's trading range has been $2.30 (17.64%), that's far above the last trading month's daily average range of $1.35. Weekly volatility is also higher, being above the market's average weekly trading range. The longer-term, monthly volatility is currently notably higher than usual for KMI.

Prices are trading close to the key technical support level at 12.44 (S1). Prices are trading close to the key technical resistance level at 14.95 (R1).

The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.


Market Conditions for KMI as at Mar 25, 2020

Loading Market Conditions for KMI (Kinder Morgan Inc.)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Kinder Morgan Inc. traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Movers
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!