KRANESHARES ELECTRIC VEHICLE (KARS) Technical Analysis
NYSEARCA:KARS • US5007678270
Current stock price
KARS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to KARS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KARS is showing a nice and steady performance.
- Warning: KARS has an average volume of 18645 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, KARS did better than 87% of all other stocks. On top of that, KARS also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by KARS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month KARS has a been trading in the 30.25 - 34.39 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
KARS Weekly and Daily overview Charts
KARS Setup Rating and Analysis
Although KARS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
KARS Support and Resistance Analysis
20.87
5 important support areas can be observed.
- A support zone ranging from 32.11 to 32.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.23 to 31.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.20 to 30.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.52 from a horizontal line in the daily time frame.
- Support @21.08 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.40 to 34.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
KARS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for KARS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KARS is up. |
| ChartMill Relative Strength | 87.67 | POSITIVE | KARS has a high relative strength, it outperformed 87.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KARS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KARS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KARS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.06 | NEUTRAL | The RSI value for KARS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests KARS has a positive trend. |
| Stochastics (14,3) | 94.29 | OVERBOUGHT | The high Stochastics value suggests KARS may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for KARS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.1 | NEGATIVE | The low ADX value for KARS suggests a weak or negative trend. |
KARS Chart- and CandleStick Pattern Analysis
KARS Technicals: Chart, Performance Metrics, Trend & Indicators
34.39
+0.66 (+1.96%)
KRANESHARES ELECTRIC VEHICLE / KARS TA FAQ
What is the technical rating for KARS stock?
ChartMill assigns a technical rating of 10 / 10 to KARS.
Can you provide the trend direction for KRANESHARES ELECTRIC VEHICLE?
The current trend direction for KRANESHARES ELECTRIC VEHICLE (KARS) is Bullish.
What is the RSI signal for KRANESHARES ELECTRIC VEHICLE (KARS) stock?
KRANESHARES ELECTRIC VEHICLE (KARS) has an RSI value of 66.0552. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KRANESHARES ELECTRIC VEHICLE?
The MACD indicator for KRANESHARES ELECTRIC VEHICLE (KARS) has a value of 0.28263, indicating a bearish trend.
What is the buy/sell signal for KARS stock?
The buy/sell signal for KRANESHARES ELECTRIC VEHICLE (KARS) is buy as both the short term and long term trends are positive.