KRANESHARES GH & EI IDX ETF (KOID) Stock Technical Analysis
NASDAQ:KOID - Nasdaq - ETF - Currency: USD
Overall KOID gets a technical rating of 3 out of 10. KOID performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of KOID is bad and it also does not present a quality setup 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
24.61
When analyzing the support we notice one important area.
- A support zone ranging from 24.86 to 24.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.94 to 26.10. 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 KOID is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KOID is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | KOID has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 61.9 | NEUTRAL | The RSI value for KOID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests KOID has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 31.96 | POSITIVE | The high ADX value value for KOID suggests a strong trend. |
25.93
-0.17 (-0.65%)