The Hourly View for KEP
Currently, KEP (Get Ratings)’s price is up $0.02 (0.14%) from the hour prior. The hourly chart shows that KEP has seen 2 straight up hours. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly 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.
KEP’s Technical Outlook on the Daily Chart
At the time of this writing, KEP’s price is up $0.03 (0.28%) from the day prior. This is the 3rd day in a row KEP has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Korea Electric Power Corp’s price action over the past 90 days can be seen via the chart below.
For KEP News Traders
Investors and traders in KEP may be particularly interested in the following story that came out in the past day:
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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The post Korea Electric Power Corp (KEP): Price Up $0.03 (0.28)% Over Past Day, Up $0.02 (0.14)% Over Past Hour appeared first on ETF Daily News.
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