Kinder Morgan stock: buy or sell

KMI stock price: $16.72 0.42% At close on Apr 15th, 2021

Updated on:
Apr 16th, 2021

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Kinder Morgan stock brief

  • Kinder Morgan closed on Thursday at $16.72 after only moving a 0.42% breaking a streak of 4 sessions in red.
  • Kinder Morgan is presenting its earnings report next Wednesday
  • Price is drawing a scaled uptrend since October 2020 with higher tops and higher bottoms. This uptrend marked a 51.31% gain. Kinder Morgan gained a 1.15% since Wednesday after breaking out over its last top at $16.53
  • On Wednesday broke out above its latest top at $16.53
  • Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments.

Should I buy Kinder Morgan stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $KMI stock a buy?

Currently, Kinder Morgan stock matches one trading strategy:

Uptrend buy setup

Kinder Morgan stock continues to trend higher since in October 2020 and marked an amazing 51.31% gain. Price marked a local bottom in this uptrend at $15.50 in late March, and since then it bounced up a 7.87%. Price just broke out above the entry point at $16.53, but it can be traded. If price goes above $17.36, don't chase the price and wait for the next opportunity. If you decide to enter this trade, the suggested stop loss is at $15.04

Buy setupBuy pointStop lossRisk
Uptrend buy setup$16.53$15.049.04%

Should I sell Kinder Morgan stock?

When you are a novel trader and you own a stock with some profit, it's really hard to decide the correct moment to sell and get your benefits. Trading strategies allow us to avoid impetuous decisions based on our sentiments or the buzz surrounding the market. Our trading system selects very simple strategies to guide us on when is a good time to sell a stock. Be aware that these strategies should not be used for selling short Kinder Morgan stock

As a golden rule, you must never mantain an open trade that generates greater losses than those expected upon purchase. The moment to sell shares always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Kinder Morgan stock?

In the current situation of Kinder Morgan there is not any eligible sell setup, so Kinder Morgan stock holders with operations in profit can keep their positions

Kinder Morgan ratings

In the last month, 2 brokerage ratings were published for Kinder Morgan

Kinder Morgan analysts' ratings - Last 30 days
Brokerage firmRating
Mar 22nd, 2021
Morgan Stanley
Mar 29th, 2021
Morgan Stanley

Kinder Morgan stock analysis

Kinder Morgan stock started an uptrend in October 2020, and gained a gorgeous 51.31%. The chart shows higher peaks and higher troughs, and along the way provided some buying opportunities for those who wanted to enter. Latest pullback was in late March, when price bounced at $15.50. On Wednesday, Kinder Morgan broke out above its last top ($16.53) giving a good entry point

SMAs overview

KMI stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $16.82 (0.60% above)
  • R2: $16.83 (0.66% above)
  • R3: $16.90 (1.08% above)
  • The current support levels are:

  • S1: $16.59 (-0.78% below)
  • S2: $16.53 (-1.14% below)
  • S3: $16.49 (-1.38% below)
  • Bollinger bands

    The price is moving very close to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell point, as price can move in these levels for many days and weeks

    KMI stock Bollinger Bands chart

    Relative strength index

    When the moves for so long below 70 and above 30, without indicating moments of overvaluation and undervaluation, the indicator gets of little use, and we find ourselves in such a case.

    KMI stock RSI chart

    Kinder Morgan stock price history

    Kinder Morgan started trading priced at an adjusted price1 of $20.45 on Feb 2011. Since then, KMI stock depreciated by -18.24%. If you had invested thousand dollars in Kinder Morgan stock on Feb 2011, it would be valued $817.60 today.

    1: Adjusted price after possible price splits or reverse-splits

    KMI stock price history chart

    Price target for Kinder Morgan stock

    Nobody knows how much a stock will be priced tomorrow. Banks and financial organisations post their analysis forecasting how a stock will performance in the future.

    The following table shows the price forecasts released by analysts over the last 30 days. Again, these forecasts are not direct recommendations for individual traders and should not be followed blindly.

    Averaging all price targets exposed below, the predicted price for Kinder Morgan stock is $18.00. Kinder Morgan closed at $16.72 on Thursday, that is a 7.11% than the predicted price.

    Kinder Morgan stock price predictions
    Brokerage firmPrice target
    Mar 22nd, 2021
    Morgan Stanley $16.00$18.00
    Mar 29th, 2021
    Morgan Stanley $16.00$18.00

    Earnings and financials

    Kinder Morgan ($KMI) is hosting the quarterly earnings call next Wednesday. Wall Street estimates of $0.24, compared to Q4 that was $0.27.

    Earnings event was hosted by Kinder Morgan ($KMI) last January after releasing the earnings report. Kinder Morgan topped analysts estimates and posted of $0.27, that is a 12.50% increase versus the initial estimates of $0.24. Despite this, reported sales of $3.1 billion were in line with market estimates.

    Compared to the same quarter last year, EPS was $0.26, so reported EPS is a gain of 3.85%. Revenue slided a -7.07% on an annualized basis in the , from $33.5B to $31.2B last quarter.

    Kinder Morgan performance

    KMI performance compared
    Company1m3m6m
    Kinder Morgan ($KMI) 5.20% 10.60% 36.90%

    Important note:
    The comments published in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not know the individual circumstances of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for education purposes only

    Kinder Morgan summary

    Thursday, April 15th, 2021
    Open$16.61
    Close$16.72
    Day range$16.52 - $16.75
    Previous close$16.65
    Session gain0.42%
    Average true range$0.35
    50d mov avg$15.73
    100d mov avg$15.00
    200d mov avg$13.96
    Earnings dateApril 21st, 2021

    Frequently asked questions

    What is Kinder Morgan stock symbol?

    Kinder Morgan, Inc. is a public company trading in the US stock market with the KMI symbol

    Is Kinder Morgan stock a buy or sell?

    Kinder Morgan received 2 ratings in the last 30 days: 0 bullish, 0 bearish and 0 neutral.

    Will KMI go up?

    Kinder Morgan had different price predictions published by analysts in the last 4 weeks forecasting the target price to $18.00. That is a 7.66% than the last price ($16.72).