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KGC Stock Kinross Gold (KGC, $10.22) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 22, 2024

A.I.dvisor
at Tickeron.com
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KGC - Kinross Gold Corp
MACD signal
Bullish Trend
Odds of UP Trend
Tickeron
MACD signal
Price: $10.22
Daily change: +$0.14 (+1.39%)
Daily volume: 15.5M
Capitalization: $12.5B
Industry: Precious Metals
This is a Bullish indicator signaling KGC's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 55 similar cases where KGC's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:

KGC in upward trend: price may jump up because it broke its lower Bollinger Band on November 11, 2024

KGC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 36 cases where KGC's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 56 cases where KGC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for KGC just turned positive on November 22, 2024. Looking at past instances where KGC's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .

KGC moved above its 50-day moving average on November 19, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KGC advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for KGC moved out of overbought territory on October 25, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 31 similar instances where the indicator moved out of overbought territory. In of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on November 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on KGC as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The 10-day moving average for KGC crossed bearishly below the 50-day moving average on November 15, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KGC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for KGC entered a downward trend on November 22, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.244) is normal, around the industry mean (6.757). P/E Ratio (18.118) is within average values for comparable stocks, (82.363). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (8.405). Dividend Yield (0.020) settles around the average of (0.040) among similar stocks. P/S Ratio (1.797) is also within normal values, averaging (148.836).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. KGC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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KGC
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A.I. Advisor
published General Information

General Information

a company, which engages in gold mining and explorations

Industry PreciousMetals

Profile
Fundamentals
Details
Industry
Precious Metals
Address
25 York Street
Phone
+1 416 365-5198
Employees
9170
Web
https://www.kinross.com