Score 8.2 (out of 10): KINDER MORGAN INC sets up for +7.2% rally in 2 months

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What’s Going On Here?

Kinder Morgan is one of the largest energy infrastructure companies in North America. With oil prices north of $100, energy companies could continue to benefit

Why Now?

KINDER MORGAN INC has reached a new shorter-term high. Previously, during similar occasions, KINDER MORGAN INC shares had a median return of +7.2%, over the following 2 months – based on 10 historical occasions with 8 of those showing positive returns (80% hit ratio). This buy signal for KINDER MORGAN INC received a high score of 8.2 (out of 10). This insight was generated on 2022- March-25 with last price of 19.07.

What’s This Company About?

KINDER MORGAN INC is in the Pipelines business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. Ticker symbol: KMI US.

What’s My Risk / Reward and Time Horizon?

We found 2 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 20.44 (+7.2%) has been reached. Based on KINDER MORGAN INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 18.47 (last price at 19.07), which is equivalent to a -3.1% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ under (2), etc.

Previous episodes:

15.2% (January-2022), -4.2% (September-2021), 5.7% (April-2021), 7.5% (January-2021), 16.7% (November-2020), 10.2% (April- 2020), 6.9% (December-2019), -1.1% (September-2019), 0.9% (April-2019), 18.9% (January-2019).

Historical Chart:

Summary:

NameKINDER MORGAN INC
ViewUp
Star (1 to 10)8.2
Target7.2%
Time2 months
Hit Rate80%

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