Kraneshares S&p Pan Asia Dividend Aristocrats Index ETF (KDIV) Stock Technical Analysis
NYSEARCA:KDIV - NYSE Arca - US5007674964 - ETF - Currency: USD
Overall KDIV gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, KDIV is a bad performer.
KDIV 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 resistance zone just above the current price starting at 28.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.09, a Stop Loss order could be placed below this zone.
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25.08
3 important support areas can be observed.
- A support zone ranging from 27.25 to 28.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.45 to 26.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.33 to 25.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.13 to 28.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 KDIV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KDIV is up. |
| ChartMill Relative Strength | 34.61 | NEUTRAL | KDIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KDIV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KDIV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KDIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.34 | NEUTRAL | The RSI value for KDIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests KDIV has a negative trend. |
| Stochastics (14,3) | 72.97 | NEUTRAL | The Stochastics value for KDIV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for KDIV suggests low volalility. |
| Average Directional Index/ADX (14) | 16.68 | NEGATIVE | The low ADX value for KDIV suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 28.17 | 28.00 | 0.17 (0.59%) | 25.00% |
| An entry @28.17. This is a Buy Stop order right above the 10 day high. | An exit @28.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 0.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.15%. |
- 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.
Kraneshares S&p Pan Asia Dividend Aristocrats Index ETF
NYSEARCA:KDIV (9/19/2024, 8:07:18 PM)
28.1
0 (-0.02%)