Capital Link Global Fintech Leaders ETF (KOIN) Stock Technical Analysis
NYSEARCA:KOIN - NYSE Arca - US3015057645 - ETF - Currency: USD
Overall KOIN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KOIN is showing a nice and steady performance.
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, KOIN did better than 70% of all other 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 is trading in the upper part of its 52 week range, but not near new highs, so KOIN is leading 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 has an excellent technical rating, but the quality of the setup is only medium 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
26.80
33.81
3 important support areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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.
Capital Link Global Fintech Leaders ETF
NYSEARCA:KOIN (5/22/2024, 8:25:46 PM)
33.1648
-0.08 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.24%
1 Week-0.93%
2 Weeks1.63%
1 Month3.39%
3 Month4.68%
6 Month10.43%
12 Month16.2%
2 Year-8.54%
3 Year-19.64%
5 Year30.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%1.06%
ATR Inc-46.76%
Range Today0.12
ADR(20)0.26
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.92
Mansfield-0.42
10 Day High33.47
10 Day Low31.96
20 Day High33.47
20 Day Low31.43
52 Week High33.47
52 Week Low27.28
CS1 End33.14
CR1 Start33.2
Volume & EV
DER(3)0%
DER(5)0%
Volume400
Volume Incr-61.9%
Vol(5)360
Vol(50)902