Kirby Corporation (NYSE:KEX) Buckles Under The Trend Lines

Kirby Corporation (NYSE:KEX) stock has been on a recent steady downtrend, causing some concern for shareholders.

It is important to consider the moving averages of a downtrending security.  We see here that Kirby Corporation (NYSE:KEX) is -2.04% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -3.21% from current levels.  Further back, their 200-Day Simple Moving Average is -4.44% difference from today’s price.  Currently, the stock is -13.16% from its 50-Day High and 2.51% from the 50-day low. 

RSI and Recommendations

Kirby Corporation’s RSI is 42.93.  Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.09% and month of 2.46%.  Wall Street analysts have a consensus 2.80 recommendation on the stock.  

Kirby Corporation (NYSE:KEX)’s performance this year to date is -4.96%.  The stock has performed 0.08% over the last seven days, -8.93% over the last thirty, and 1.12% over the last three months.  Over the last six months, Kirby Corporation’s stock has been -4.60% and -1.02% for the year.

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