KKR & Co Inc (KKR): Price Now Near $58.48; Daily Chart Shows Downtrend on 20 Day Basis

The Hourly View for KKR

Currently, KKR (Get Ratings)’s price is up $0.45 (0.78%) from the hour prior. This is the 2nd hour in a row KKR has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

KKR ranks 75th in terms of today’s price percentage change out of Trading stocks.

KKR’s Technical Outlook on the Daily Chart

Currently, KKR’s price is up $1.11 (1.93%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as KKR has now gone down 4 of the past 5 days. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. KKR & Co Inc’s price action over the past 90 days can be seen via the chart below.

KKR

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KKR: Daily RSI Analysis

  • For KKR, its RSI is now at 43.3594.
  • KKR and RSI may be exhibiting divergent trends. This may be something to monitor.

For KKR News Traders

Investors and traders in KKR may be particularly interested in the following story that came out in the past day:

SoftBank-Backed Lenskart Raises $220 Million as India Tech Booms

(Bloomberg) — India’s Lenskart, an online retailer for eyewear, raised $220 million from investors including Temasek Holdings Pte and Falcon Edge Capital, in another sign of booming interest in the country’s technology startups.Founded by Peyush Bansal in 2010, the company sells eyeglasses, contact lenses and sunglasses online and through about 750 retail outlets in the country. It plans to use the capital, along with $95 million raised earlier this year from KKR & Co., to expand online sales a

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