KAPCO is currently trading within a bearish channel, however, it is anticipated that the upward trend will persist. It is anticipated that the price will test the upper channel resistance line in the near future.
KAPCO has tested the bottom channel support at 23.52 and the price has closed below the lower Bollinger Band, suggesting a potential short-term pullback. It appears that KAPCO is currently experiencing a downturn in price. Traders and investors should closely monitor the price action and consider adjusting their strategies accordingly.