PLUS KOREA DEFNS IND ID ETF (KDEF) Technical Analysis
NYSEARCA:KDEF • US30151E4917
Overall KDEF gets a technical rating of 10 out of 10. Both in the recent history as in the last year, KDEF has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, KDEF did better than 94% of all other stocks. We also observe that the gains produced by KDEF over the past year are nicely spread over this period.
- KDEF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KDEF is lagging the market slightly.
- In the last month KDEF has a been trading in the 54.06 - 67.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
KDEF has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
40.28
We found 2 important support areas.
- A support zone ranging from 54.25 to 54.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.69 from a trend line in the daily time frame.
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 KDEF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KDEF is neutral. |
| ChartMill Relative Strength | 94.84 | POSITIVE | KDEF has a high relative strength, it outperformed 94.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KDEF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KDEF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KDEF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.8 | NEUTRAL | The RSI value for KDEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests KDEF has a negative trend. |
| Stochastics (14,3) | 47.33 | NEUTRAL | The Stochastics value for KDEF is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for KDEF suggests some volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for KDEF suggests a strong trend. |
KDEF Technicals: Chart, Performance Metrics, Trend & Indicators
58.25
-0.83 (-1.4%)
PLUS KOREA DEFNS IND ID ETF / KDEF FAQ
Can you provide the ChartMill technical rating for PLUS KOREA DEFNS IND ID ETF?
ChartMill assigns a technical rating of 10 / 10 to KDEF.
Can you provide the trend direction for PLUS KOREA DEFNS IND ID ETF?
The current trend direction for PLUS KOREA DEFNS IND ID ETF (KDEF) is Bullish.
Can you provide the RSI signal for PLUS KOREA DEFNS IND ID ETF?
PLUS KOREA DEFNS IND ID ETF (KDEF) has an RSI value of 50.8. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PLUS KOREA DEFNS IND ID ETF?
The MACD indicator for PLUS KOREA DEFNS IND ID ETF (KDEF) has a value of -0.11267, indicating a bearish trend.
What is the short term momentum for PLUS KOREA DEFNS IND ID ETF (KDEF) stock?
The short term momentum for PLUS KOREA DEFNS IND ID ETF (KDEF) is neutral.