Capital Link Global Fintech Leaders ETF (KOIN) Technical Analysis
NYSEARCA:KOIN • US3015057645
Current stock price
KOIN Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to KOIN. Both in the recent history as in the last year, KOIN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: KOIN has an average volume of 902 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that KOIN is one of the better performing stocks in the market, outperforming 70% of all stocks. We also observe that the gains produced by KOIN over the past year are nicely spread over this period.
- KOIN 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 KOIN has a been trading in the 31.43 - 33.47 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
KOIN Weekly and Daily overview Charts
KOIN Setup Rating and Analysis
Although KOIN has an excellent technical rating, the quality of the presented setup is not ideal 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
KOIN Support and Resistance Analysis
26.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 31.12 to 33.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.14 from a horizontal line in the daily time frame.
- Support @27.07 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.20 to 33.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
KOIN 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 KOIN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KOIN is up. |
| ChartMill Relative Strength | 70.92 | POSITIVE | KOIN has a high relative strength, it outperformed 70.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KOIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KOIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KOIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.16 | NEUTRAL | The RSI value for KOIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests KOIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.75 | OVERBOUGHT | The high Stochastics value suggests KOIN may be overbought. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for KOIN suggests low volalility. |
| Average Directional Index/ADX (14) | 9.5 | NEGATIVE | The low ADX value for KOIN suggests a weak or negative trend. |
KOIN Chart- and CandleStick Pattern Analysis
KOIN Example Setup
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 |
|---|---|---|---|
| 33.49 | 31.95 | 1.54 (4.60%) | 21.75% |
| An entry @33.49. This is a Buy Stop order right above the resistance zone. | An exit @31.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.54 points, which is 4.60%. | When investing 21.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
KOIN Technicals: Chart, Performance Metrics, Trend & Indicators
Capital Link Global Fintech Leaders ETF
NYSEARCA:KOIN (5/22/2024, 8:25:46 PM)
33.1648
-0.08 (-0.24%)
Capital Link Global Fintech Leaders ETF / KOIN TA FAQ
What is the ChartMill technical rating of Capital Link Global Fintech Leaders ETF (KOIN) stock?
ChartMill assigns a technical rating of 9 / 10 to KOIN.
What is the current trend direction of Capital Link Global Fintech Leaders ETF (KOIN) stock?
The current trend direction for Capital Link Global Fintech Leaders ETF (KOIN) is Bullish.
Can you provide the RSI signal for Capital Link Global Fintech Leaders ETF?
Capital Link Global Fintech Leaders ETF (KOIN) has an RSI value of 60.1636. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Capital Link Global Fintech Leaders ETF?
The buy/sell signal for Capital Link Global Fintech Leaders ETF (KOIN) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Capital Link Global Fintech Leaders ETF (KOIN) stock?
Capital Link Global Fintech Leaders ETF (KOIN) has a support level at 33.14 and a resistance level at 33.2. Check the full technical report for our detailed analysis of KOIN support and resistance levels.