KS E Fund China Commercial Paper ETF (KCNY) Technical Analysis
NYSEARCA:KCNY
Current stock price
KCNY Technical Rating and Analysis
Overall KCNY gets a technical rating of 6 out of 10. Although KCNY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, KCNY is a bad performer in the overall market: 76% of all stocks are doing better.
- Warning: KCNY has an average volume of 503 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!
- KCNY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month KCNY has a been trading in a tight range between 34.83 and 35.70.
- Considerably lower volume is observed in the last couple of days.
KCNY Weekly and Daily overview Charts
KCNY Setup Rating and Analysis
KCNY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 35.16, a Stop Loss order could be placed below this zone.
More info and screens
KCNY Support and Resistance Analysis
33.45
We found 2 important support areas.
- A support zone ranging from 34.65 to 35.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.79 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.32 to 35.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
KCNY 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 KCNY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KCNY is up. |
| ChartMill Relative Strength | 24.66 | NEGATIVE | KCNY has a low relative strength, it was outperformed by 75.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KCNY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KCNY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KCNY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.41 | NEUTRAL | The RSI value for KCNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests KCNY has a negative trend. |
| Stochastics (14,3) | 66.04 | NEUTRAL | The Stochastics value for KCNY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for KCNY suggests low volalility. |
KCNY Chart- and CandleStick Pattern Analysis
KCNY Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.46 | 35.28 | 0.18 (0.51%) | 25.00% |
| An entry @35.46. This is a Buy Stop order right above the 10 day moving average. | An exit @35.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 0.51%. | For a 0.13% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of KCNY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
KCNY Technicals: Chart, Performance Metrics, Trend & Indicators
KS E Fund China Commercial Paper ETF
NYSEARCA:KCNY (6/3/2021, 8:04:00 PM)
35.3
-0.09 (-0.25%)
KS E Fund China Commercial Paper ETF / KCNY TA FAQ
What is the ChartMill technical rating of KS E Fund China Commercial Paper ETF (KCNY) stock?
ChartMill assigns a technical rating of 6 / 10 to KCNY.
Can you provide the trend direction for KS E Fund China Commercial Paper ETF?
The current trend direction for KS E Fund China Commercial Paper ETF (KCNY) is Bullish.
What is the RSI signal for KCNY stock?
KS E Fund China Commercial Paper ETF (KCNY) has an RSI value of 50.4111. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KS E Fund China Commercial Paper ETF?
The short term momentum for KS E Fund China Commercial Paper ETF (KCNY) is positive.
Can you provide the support and resistance levels for KS E Fund China Commercial Paper ETF?
KS E Fund China Commercial Paper ETF (KCNY) has a support level at 35.16 and a resistance level at 35.32. Check the full technical report for our detailed analysis of KCNY support and resistance levels.