NYSE trade advice (A): US natural gas distribution stock | 5-6% gain | USA stock trading idea on 31 Jul 2024

Date
July 31, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Short Term Stock Trading Advice in USA

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Kinder Morgan
  • 21.3 – 21.6
  • 22.6 – 22.8
  • Below 20.9
  • 5% – 6%
  • 14 - 15 Days
  • Buy
    Kinder Morgan
  • Buy
    Range
    21.3 – 21.6
  • Target
    22.6 – 22.8
  • Stoploss
    Below 20.9
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Kinder Morgan (NYSE: KMI) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • KMI
  • Kinder Morgan
  • Natural Gas Distribution
  • 21.86
  • 15.89
  • NYSE code KMI
  • Stock Name Kinder Morgan
  • Sector Natural Gas Distribution
  • 52 Weeks High 21.86
  • 52 Weeks Low 15.89
  • Kinder Morgan (NYSE: KMI) vs NYSE - Relative Strength Comparison

    The image compares Kinder Morgan's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    KMI —   NYSE —

  • Kinder Morgan (NYSE: KMI) - Technical Analysis (Daily)

    Kinder Morgan - Technical Analysis chart on Daily Price and Volume
    Kinder Morgan - Technical Analysis chart on Daily Price and Volume

    • Earlier, the price was on a downward trend.
    • Following a breakout, the stock entered a consolidation phase, creating a Cup & Handle pattern.
    • Subsequently, the stock price experienced a significant rise, forming an Ascending Triangle pattern and consolidating within that structure.
    • Now, with another breakout, the price is currently on the rise.
  • Kinder Morgan (NYSE: KMI) - RSI Indicator

    Kinder Morgan stock analysis based on RSI indicator
    Kinder Morgan - RSI indicator

    • Current RSI of this stock is 69.86, which indicates the strength of buyers.

  • Kinder Morgan (NYSE: KMI) - ADX & DI Indicator

    Kinder Morgan stock analysis based on ADX & DI indicator
    Kinder Morgan - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Kinder Morgan (NYSE: KMI) - EMA Crossover

    Kinder Morgan stock analysis based on EMA Crossover
    Kinder Morgan - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Kinder Morgan (NYSE: KMI) Stock Price Forecast

    Based on our swing stock trading in USA, Kinder Morgan stock price target will be USD 22.6 - USD 22.8 in the next 14-15 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments
    Join Our Telegram Channel for Saudi Stock Market Update
    Saudi Stock Analysis
    Join Our Telegram Channel for USA Stock Analysis Update

    Stoploss reached. Trade closed.

    3 days
    2 Aug 2024
    31 Jul 2024
    Loss per
    100,000 SAR
    3 days
    -1,878
    Stop-loss
    2 Aug 2024
    20.9
    Buy Advice
    31 Jul 2024
    21.3 – 21.6
    Target 1
    22.6
    Target 2
    22.8
    Profit per
    100,000 SAR
    -1,878
    20.9
    21.3 – 21.6
    22.6
    22.8
    3 days
    2 Aug 2024
    31 Jul 2024
    Loss per
    100,000 SAR
    3 days
    -1,878
    Stop-loss
    2 Aug 2024
    20.9
    Buy Advice
    31 Jul 2024
    21.3 – 21.6
    Target 1
    22.6
    Target 2
    22.8
    Profit per
    100,000 SAR
    -1,878
    20.9
    21.3 – 21.6
    22.6
    22.8
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Kinder Morgan
  • 21.3 – 21.6
  • 22.6 – 22.8
  • Below 20.9
  • 5% – 6%
  • 14 - 15 Days
  • Buy Kinder Morgan
  • Buy
    Range
    21.3 – 21.6
  • Target 22.6 – 22.8
  • Stoploss Below 20.9
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    14 - 15 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Kinder Morgan
  • 21.3 – 21.6
  • 22.6 – 22.8
  • Below 20.9
  • 5% – 6%
  • 14 - 15 Days
  • Buy
    Kinder Morgan
  • Buy
    Range
    21.3 – 21.6
  • Target
    22.6 – 22.8
  • Stoploss
    Below 20.9
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Kinder Morgan (NYSE: KMI) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • KMI
  • Kinder Morgan
  • Natural Gas Distribution
  • 21.86
  • 15.89
  • NYSE code KMI
  • Stock Name Kinder Morgan
  • Sector Natural Gas Distribution
  • 52 Weeks High 21.86
  • 52 Weeks Low 15.89
  • Company profile

    Kinder Morgan, Inc. is a North American energy infrastructure company that operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates pipelines, storage systems, processing facilities, and storage facilities for natural gas. The Products Pipelines segment owns and operates pipelines for refined petroleum products and crude oil. The Terminals segment stores and handles various commodities, including gasoline, diesel fuel, chemicals, ethanol, metals, and petroleum coke. The CO2 segment produces, transports, and markets CO2 for crude oil production. Established in 1997, the company operates approximately 82,000 miles of pipelines and 139 terminals.

  • Kinder Morgan (NYSE: KMI) vs NYSE - Relative Strength Comparison

    The image compares Kinder Morgan's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    KMI —   NYSE —

  • Kinder Morgan (NYSE: KMI) - Technical Analysis (Daily)

    Kinder Morgan - Technical Analysis chart on Daily Price and Volume
    Kinder Morgan - Technical Analysis chart on Daily Price and Volume

    • Earlier, the price was on a downward trend.
    • Following a breakout, the stock entered a consolidation phase, creating a Cup & Handle pattern.
    • Subsequently, the stock price experienced a significant rise, forming an Ascending Triangle pattern and consolidating within that structure.
    • Now, with another breakout, the price is currently on the rise.
  • Kinder Morgan (NYSE: KMI) - RSI Indicator

    Kinder Morgan stock analysis based on RSI indicator
    Kinder Morgan - RSI indicator

    • Current RSI of this stock is 69.86, which indicates the strength of buyers.

  • Kinder Morgan (NYSE: KMI) - ADX & DI Indicator

    Kinder Morgan stock analysis based on ADX & DI indicator
    Kinder Morgan - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Kinder Morgan (NYSE: KMI) - EMA Crossover

    Kinder Morgan stock analysis based on EMA Crossover
    Kinder Morgan - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Kinder Morgan (NYSE: KMI) Stock Price Forecast

    Based on our swing stock trading in USA, Kinder Morgan stock price target will be USD 22.6 - USD 22.8 in the next 14-15 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for USA Stock Market Update

    USA Stock Analysis

    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website