Kinder Morgan stock: buy or sell
Jan 27th, 2021
Kinder Morgan stock brief
- Kinder Morgan closed on Tuesday at $15.22 after merely changing a -0.26%.
- The stock is configuring an uptrend pattern since last October, when it bottomed at $11.25. Up to date, the uptrend marked a 35.29% profit since the beginning of this rally
- Kinder Morgan posted its earnings report on January 20
- 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?
In the current situation of Kinder Morgan there is not any eligible buy setup. This doesn't mean we expect a selloff for $KMI in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Kinder Morgan stock?
When you own stock shares with some profit, it's really difficult to decide the best moment to sell and get your benefits. Trading strategies prevent us from making impulsive decisions based on our moods or the noise that surrounds the market. When selling, as well as buying, our setups are very simple to use but are only applicable for selling stocks in your porfolio, not for shorting Kinder Morgan stock
As a golden rule, you must never mantain an open trade that generates losses greater than those expected by the time of purchase. The moment to sell your stock should always be dictated by the stop-loss (automatic or manual)
Is it time to sell Kinder Morgan stock?
Currently, Kinder Morgan stock doesn't match any of our preferred sell setups, so if you hold Kinder Morgan shares and your operation is in profit probably is not time to sell now
Kinder Morgan ratings
In the last 30 days, 3 analyst ratings were published for Kinder Morgan
|Jan 8th, 2021|
|Tudor Pickering|| |
|Jan 11th, 2021|
|Jan 12th, 2021|
Kinder Morgan stock analysis
Kinder Morgan shares started an uptrend last October, and gained a gorgeous 35.29%. The price action shows higher tops and bottoms, and along the way provided very few buy points for those who wanted to invest. Latest pullback was in late December, when price bounced at $13.47. Like in all uptrends, price needs to rest and now price is moving in a range between $16.02 and $13.47
Supports and resistances
The current resistances are:
The current supports are:
Since the price surpassed the upper band on January 15, the price dropped by 2.50%
Relative strength index
The RSI dropped below the overbought level of 70 on January 15 after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Tuesday was 60.1. Since that level was lost, Kinder Morgan stock sank a 2.69%
Kinder Morgan stock price history
Kinder Morgan started trading on Feb 11th, 2011 at $20.61 per share1. Since then, KMI stock depreciated by -26.15%. An investment of $1,000USD on Feb 2011 would have a value of $738.48 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Kinder Morgan stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, brokerage institutions post their price predictions based on the stock price action and the company fundamental data. Most of these predictions follow the release of new fundamental information by the company, and usually. If you are a small investor you should not buy or sell based on these price targets.
There is just one price target issued for Kinder Morgan that predicts a price of $15.00.
|Brokerage firm||Price target|
|Jan 8th, 2021|
|Tudor Pickering||Not available|
|Jan 11th, 2021|
|Raymond James||Not available|
|Jan 12th, 2021|
|Barclays||$16.00 → $15.00|
Earnings and financials
On January 20, Kinder Morgan, Inc. ($KMI) posted adjusted EPS for that uplifted Market expectations. Quarterly EPS was $0.27 per share instead of $0.24. This quarterly report represents an earnings surprise of 12.50%. On the contrary, reported sales were $3.1 billion, aligned with the market forecasts.Compared to the same quarter last year, EPS was $0.26, so current EPS means a gain of 3.85%. Looking at revenue, figures sliced a -7.07% compared to $33.5B same quarter a year ago.
Kinder Morgan ($KMI) posts earnings report next April. Analysts predict of $0.23, that is a 14.81% less than Q4.
Kinder Morgan performance
|Kinder Morgan ($KMI)||10.10%||22.80%||11.70%|
Disclaimer:The opinions given in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not have any knowledge of the specific scenarios of the reader, his or her financial statements 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 Thoughts are provided for learning purposes only
Kinder Morgan summary
|Tuesday, January 26th, 2021|
|Day range||$15.1 - $15.57|
|Average true range||$0.61|
|50d mov avg||$14.44|
|100d mov avg||$13.42|
|200d mov avg||$13.89|
|Earnings date||April 21st, 2021|