MAY SALE: Save over 60% on our Pro Plans!

KSS closes below its opening price unable to hold early session gains


Technical Analysis Report for KSS - May 17, 2018 [1 min read]
Highlights
KSS closes below its opening price unable to hold early session gains
KSS runs into sellers again around 64.89
KSS closes within previous day's range after lackluster session
KSS ends the day indecisive
TQ Sentiment
Technical Forecast:
Overview

KSS finished Thursday at 63.72 losing $0.70 (-1.09%). Trading $0.74 higher after the open, the stock was unable to hold its gains as the bears took control ending the day below its opening price. Closing within the previous day's range, prices failed to decisively move past the prior day's trading range in a lackluster session. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.

Daily chart for KSS
Volatility

Thursday's trading range was $1.57 (2.45%), that's below last trading month's daily average range of $2.04. Things look different on a weekly scale, where volatility is way above the markets average with the monthly volatility being slightly below average.

Price Action

During the whole day, prices traded within the previous day's range, unable to trade above the prior day's high or below the previous day's low forming an Inside Bar.

Support/Resistance

Prices are trading close to a key support level at 62.70. Prices are trading close to the key resistance level at 64.99. After having been unable to move above 64.99 in the prior session, the share ran into sellers again around the same price level today, failing to move higher than 64.89.

Trend

Kohl's Corp. shows strength in the short-term supported by its long-term uptrend with only the medium-term trend being bearish.

Order Flow

Buying might accelerate should prices move above the close-by swing high at 64.99 where further buy stops could get activated.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bearish.

Report Market Conditions
ConditionForecastDirectionWinAvgWorstBest
High close to previous High TQ Pro Members Only
Close to R1 Resistance TQ Pro Members Only
Close to S1 Support TQ Pro Members Only
Bearish Intraday Reversal TQ Pro Members Only
Close to Swing High TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Kohl's Corp. traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Signup

Stocks Top Movers

TBOND 141.3120.874 0.62%
NKY 22,930.3691.99 0.40%
HSI 31,047.91105.76 0.34%
DXY 93.6000.200 0.21%
GOLD 1,291.71.7 0.13%
USDJPY 110.76-0.01 -0.01%
BTCUSD 8,238.30-4.06 -0.05%
FTSE 7,778.79-9.21 -0.12%
EURUSD 1.1769-0.0025 -0.21%
SPX 2,712.97-7.16 -0.26%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV105.98 0.66
0.63%
ACN 10 day candlestick chart for ACN155.31 0.38
0.25%
ADBE 10 day candlestick chart for ADBE238.09 1.24
0.52%
AAP 10 day candlestick chart for AAP118.32 -1.47
-1.23%
AES 10 day candlestick chart for AES11.93 -0.12
-1.00%
AET 10 day candlestick chart for AET176.81 -0.22
-0.12%
AFL 10 day candlestick chart for AFL45.39 -0.14
-0.31%
AMG 10 day candlestick chart for AMG167.71 -1.54
-0.91%
A 10 day candlestick chart for A64.32 0.73
1.15%
ABT 10 day candlestick chart for ABT61.71 0.65
1.06%