KraneShares CICC China Leaders 100 Index ETF (KFYP) Stock Technical Analysis
USA - NYSEARCA:KFYP - US5007672075 - ETF
Taking everything into account, KFYP scores 1 out of 10 in our technical rating. KFYP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of KFYP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.60
3 important resistance areas can be observed.
- A resistance zone ranging from 22.34 to 23.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.43 to 24.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.01 to 25.08. 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 | DOWN | NEGATIVE | The long term trend for KFYP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KFYP is down. |
| ChartMill Relative Strength | 66.84 | NEUTRAL | KFYP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KFYP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KFYP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KFYP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.42 | NEUTRAL | The RSI value for KFYP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests KFYP has a negative trend. |
| Stochastics (14,3) | 23.92 | NEUTRAL | The Stochastics value for KFYP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for KFYP suggests low volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for KFYP suggests a weak or negative trend. |
KraneShares CICC China Leaders 100 Index ETF
NYSEARCA:KFYP (10/18/2023, 8:04:00 PM)
21.815
-0.36 (-1.6%)
KraneShares CICC China Leaders 100 Index ETF / KFYP FAQ
What is the ChartMill technical rating of KraneShares CICC China Leaders 100 Index ETF (KFYP) stock?
ChartMill assigns a technical rating of 1 / 10 to KFYP.
What is the trend direction for KFYP stock?
The current trend direction for KraneShares CICC China Leaders 100 Index ETF (KFYP) is Bearish.
What is the RSI signal for KFYP stock?
KraneShares CICC China Leaders 100 Index ETF (KFYP) has an RSI value of 35.4226. This indicates that the stock is currently neutral.
What is the MACD signal for KraneShares CICC China Leaders 100 Index ETF (KFYP) stock?
The MACD indicator for KraneShares CICC China Leaders 100 Index ETF (KFYP) has a value of -0.0501592, indicating a bearish trend.
What is the buy/sell signal for KraneShares CICC China Leaders 100 Index ETF (KFYP) stock?
The buy/sell signal for KraneShares CICC China Leaders 100 Index ETF (KFYP) is sell as both the short term and long term trends are negative.