
PLUS KOREA DEFNS IND ID ETF (KDEF) Technical Analysis
NYSEARCA:KDEF • US30151E4917
Current stock price
KDEF Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to KDEF. 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 and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that KDEF is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by KDEF over the past year are nicely spread over this period.
- KDEF 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 KDEF has a been trading in the 50.02 - 64.38 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.
KDEF Weekly and Daily overview Charts
KDEF Setup Rating and Analysis
Although KDEF 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
KDEF Support and Resistance Analysis
40.94
When analyzing the support we can see 4 important areas.
- A support zone ranging from 57.79 to 59.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.18 from a trend line in the weekly time frame.
- Support @53.73 from a trend line in the daily time frame.
- Support @41.35 from a trend line in the daily time frame.
KDEF 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 KDEF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KDEF is up. |
| ChartMill Relative Strength | 92.3 | POSITIVE | KDEF has a high relative strength, it outperformed 92.3% 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) | 62.26 | NEUTRAL | The RSI value for KDEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests KDEF has a positive trend. |
| Stochastics (14,3) | 81.87 | OVERBOUGHT | The high Stochastics value suggests KDEF may be overbought. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for KDEF suggests some volalility. |
| Average Directional Index/ADX (14) | 16.3 | NEGATIVE | The low ADX value for KDEF suggests a weak or negative trend. |
KDEF Chart- and CandleStick Pattern Analysis
KDEF Technicals: Chart, Performance Metrics, Trend & Indicators
64.15
+4.89 (+8.25%)
PLUS KOREA DEFNS IND ID ETF / KDEF TA 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.
What is the RSI signal for KDEF stock?
PLUS KOREA DEFNS IND ID ETF (KDEF) has an RSI value of 62.2634. This indicates that the stock is currently neutral.
What is the MACD signal for PLUS KOREA DEFNS IND ID ETF (KDEF) stock?
The MACD indicator for PLUS KOREA DEFNS IND ID ETF (KDEF) has a value of 0.516261, indicating a bearish trend.
Can you provide the support and resistance levels for PLUS KOREA DEFNS IND ID ETF?
PLUS KOREA DEFNS IND ID ETF (KDEF) has a support level at 59.25. Check the full technical report for our detailed analysis of KDEF support and resistance levels.