Sell signals — US stocks
Kinder Morgan slips 2.1% as buyers reclaim the volume tape
Sell signals — US stocks
Our view last week
Kinder Morgan closes the week with a shift in volume: buyers climb to 68% of trading activity, the highest in four weeks, and the price bounces firmly off the 20-day average, in the 32 area. The weekly RSI rises to 56, the MACD histogram narrows toward zero, and money flow stays positive, even if fading since late June. Earnings are now behind us with no shock to the price, which stays boxed between resistance in the 33 area and support in the 32.4 area.
This week's summary
Kinder Morgan slips 2.1% on the week, but the latest session shows buyers at 86.9% of trading and weekly money flow at its highest level in four weeks. The daily chart forms a strong bullish engulfing bar, while the weekly picture stays bullish-leaning with two caution flags from the recent candles. The sell signal, now in its eighth week, remains unconfirmed by the market after three observation weeks that closed sideways.
IQS Phase
63
ordinary
Signal Strength
25
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#41 / 138
US stocks
Trade P&L %
-1.58%
from signal to date, no stop loss
Rank position
ranks 41st among the 138 sell signals for US stocks in our ranking, with a signal strength of 25 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimein positive regime
Performanceweekly -1.54% · monthly -1.92%
KMI belongs to the industrial sector (reference ETF XLI). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content