1
KMI stock price fell 2.58% in the intraday session on Wednesday to close at $16.63.
2
Kinder Morgan Inc. share (NYSE: KMI) price fell below the key moving average of 50 and 200-day EMA.
3
KMI stock price formed a parallel channel pattern over the daily chart.
The KMI Stock daily chart shows that the stock has been volatile with major ups and downs in the past 3 months and trading in a 10-12% range with lower support at $16 and resistance at $18. The stock has also been trading below its 200-day moving average, which acts as a dynamic resistance level.
The KMI stock price prediction states that the price is declining from the supply zone forming a parallel channel pattern. The price has shown a sharp decline after it failed to sustain above the key moving averages.
The stock recently broke below its support level of $17, which was tested several times in the past few months. The stock closed at $16.63 on Wednesday down 2.
We współpracy z: https://www.thecoinrepublic.com/2023/09/07/kmi-stock-price-analysis-can-kinder-morgan-stock-bounce-back/
