Sell signal, week 18: a decline stuck in a stall
Kinder Morgan gains 1% after a fresh 30-day low that the weekly close did not confirm
Our view last week
Last week's rebound has already faded: Kinder Morgan stock sheds 3.4% on the week, with 88% of volume on the sell side after 80% went to buyers. Money flow drops back below zero and price slips under the daily Ichimoku cloud, squeezed between the 30.9 area and the 30.6 area. The price action puts the sell signal back in charge, with the short 2.9% in profit since entry.
This week's summary
A fresh 30-day low in the 29.4 area, then the recovery: the week closes up 1% near its high, and the break is left unconfirmed. Last week Kinder Morgan stock was shedding 3.4%; now it is back at its 20-day moving average, in the 31 area. On the technical analysis this is a sell signal stuck in a stall: ADX falling for 10 weeks, money flow swinging either side of zero, the short 1.9% in profit.
IQS Phase
57
ordinary
Signal Strength
22
decline losing steam
Sizing
MINIMUM
Ranking
#110 / 175
US stocks
Trade P&L %
+1.93%
from signal to date, no stop loss
Kinder Morgan (KMI) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 110th among the 175 sell signals for US stocks in our ranking, with a signal strength of 22 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -0.28% · monthly -1.64%
KMI belongs to the industrial sector (reference ETF XLI). The sector is classified weak phase according to our weekly reading.
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