Kennametal Inc. (KMT)

Kennametal Inc. is trading at $30.82, up 0.26% on the session. The 50 day average sits at $34.00 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 40.3, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $30.11 with resistance near $35.91, so that band frames the current range. Average daily movement is roughly $1.65, or about 5.3% of the share price, which is what any stop placement has to allow for. The overall health score of 35 out of 100 combines a trend score of 28, momentum of 26 and a risk score of 58.

Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The Metal Cutting segment provides milling, hole making, turning, threading, and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships, and various types of industrial equipment under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force, a network of independent and national distributors, integrated supplier channels, and digitally. Its Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and metallurgical powders, such as compacts, nozzles, frac seats, and custom components used in oil and gas and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide powders for the oil and gas, aerospace, and process industries; high temperature critical wear components, tungsten penetrators, and armor solutions for aerospace and defense; and ceramics used by the packaging industry for metallization of films and papers under the Kennametal brand through a direct sales force and distributors. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.