Kontoor Brands, Inc. (KTB)

Kontoor Brands, Inc. is trading at $73.28, up 0.47% on the session. The 50 day average sits at $72.27 and the 200 day at $71.68, which puts the stock in a uptrend. RSI is at 52.5, which reads as neutral, and MACD is bullish crossover. Volume is average.

The nearest support is around $65.16 with resistance near $69.52, so that band frames the current range. Average daily movement is roughly $2.23, or about 3.0% of the share price, which is what any stop placement has to allow for. The overall health score of 67 out of 100 combines a trend score of 73, momentum of 67 and a risk score of 57.

Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, sells, and licenses apparel, footwear, and accessories, primarily under the Wrangler, Lee, and Helly Hansen brands. The company operates through two segments: Wrangler and Lee. It licenses and sells apparel under the Musto, Chic, and Rock & Republic brand names. The company sells its products through mass merchants, outdoor and sporting goods stores, specialty stores, department stores, company-operated stores, business-to-business through workwear and uniform businesses, and online, including digital marketplaces, as well as through wholesale and direct-to-consumer channels. It operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Kontoor Brands, Inc. was incorporated in 2018 and is headquartered in Greensboro, North Carolina.