Kd stock price forecast for swing traders

For swing traders, kd stock price forecast highlights a tradable range between $43 support and $47 resistance. Option open interest patterns suggest increased hedging ahead of earnings announcements. The upcoming earnings release of Kyndryl Holdings, Inc. will be of great interest to investors. The company's upcoming EPS is projected at $0.52, signifying a 5300% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $3.78 billion, down 1.9% from the prior-year quarter. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. Based on current chart patterns, kd stock price forecast shows a potential breakout if RSI remains above 60 and institutional buying sustains. Market breadth in related indices is improving, adding weight to bullish scenarios for the next quarter.