$KIM Kimco Realty Corporation Stock Robo Analyst June 1 2020 #KIM

Kimco Realty Corporation Stock Chart

Kimco Realty Corporation (KIM) “On a long-term technical basis, the stock (KIM) is trading below its 200-day moving average which generally implies it is in a negative trend. The stock has broken down through support at 11.63, so look for new support at 9.22.

The stock has support at 11.09 and 9.97. If the stock breaks down through support at 11.09 then it will probably continue lower to 9.97. The stock has resistance at 11.24 and at 12.07. If the stock breaks up through resistance at 11.24 then it will probably continue higher to 12.07. The 200-day moving average is at 17.27. This will also act as resistance. The stock is extremely overbought according to the Stochastic Indicator (79.75), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”

Kimco Realty Corporation Stock Chart

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