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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Kadant Inc (NYSE:KAI)
Sidelines Mode (-55) - KAI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid KAI?
MarketClub looks at technical strength and momentum to determine if the timing is right for KAI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KAI
The long-term trend has been DOWN since May 1st, 2024 at 271.39
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 315.24
The short-term trend has been UP since May 6th, 2024 at 273.12
Smart Scan Analysis for KAI
Based on our trend formula, KAI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 284.570 | 286.040 | 284.570 | 285.215 | +1.485 |
| Prev. Close | Volume | Bid | Ask | Time |
| 283.730 | 3115 | 2024-05-09 10:54:11 |
| Year High | 111.85 | Year High Date | 2018-09-24 |
| Year Low | 89.79 | Year Low Date | 2018-11-28 |
| 52wk High | 354.02 | 52wk High Date | 2024-02-15 |
| 52wk Low | 186.995 | 52wk Low Date | 2023-05-31 |
| Year End Close | 26.51 | Average Volume | 93,285 |
| Shares Outstanding | 11,743 | Short Interest | 163,290 |
| % Institutional | 90 | Market Cap | 970M |
| Assets | 117,566,500M | Liabilities | 401,963,000M |
| P/E Ratio | 28.6596 | Beta | 1.74 |
| Volatility | 27.58 |