KRANESH KWEB COV CAL STR ETF (KLIP) Stock Technical Analysis
USA - NYSEARCA:KLIP - US5007672729 - ETF
Taking everything into account, KLIP scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, KLIP is a bad performer.
KLIP 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. There is a resistance zone just above the current price starting at 33.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.88, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.45 to 32.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.63 to 31.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @30.96 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 33.15 to 33.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.20 from a horizontal 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 KLIP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KLIP is up. |
| ChartMill Relative Strength | 23.82 | NEGATIVE | KLIP has a low relative strength, it was outperformed by 76.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KLIP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KLIP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KLIP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.59 | NEUTRAL | The RSI value for KLIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests KLIP has a positive trend. |
| Stochastics (14,3) | 84.58 | OVERBOUGHT | The high Stochastics value suggests KLIP may be overbought. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for KLIP suggests low volalility. |
| Average Directional Index/ADX (14) | 16.32 | NEGATIVE | The low ADX value for KLIP 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 |
|---|---|---|---|
| 33.46 | 32.29 | 1.17 (3.50%) | 25.00% |
| An entry @33.46. This is a Buy Stop order right above the resistance zone. | An exit @32.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.17 points, which is 3.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- 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.
NYSEARCA:KLIP (9/12/2025, 8:04:02 PM)
33.14
+0.03 (+0.09%)