IQ Australia Small Cap ETF (KROO) Technical Analysis
NYSEARCA:KROO
Current stock price
KROO Technical Rating and Analysis
Overall KROO 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, KROO is showing a nice and steady performance.
- Warning: KROO has an average volume of 2174 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.
- Looking at the yearly performance, KROO did better than 72% of all other stocks. We also observe that the gains produced by KROO over the past year are nicely spread over this period.
- KROO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KROO is lagging the market slightly.
- In the last month KROO has a been trading in a tight range between 19.02 and 20.00.
KROO Weekly and Daily overview Charts
KROO Setup Rating and Analysis
Although KROO 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
KROO Support and Resistance Analysis
17.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.46 to 19.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.19 to 18.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.21 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.92 to 20.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 20.46 to 20.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
KROO 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 KROO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KROO is up. |
| ChartMill Relative Strength | 72.74 | POSITIVE | KROO has a high relative strength, it outperformed 72.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KROO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KROO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KROO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.26 | NEUTRAL | The RSI value for KROO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests KROO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.82 | OVERBOUGHT | The high Stochastics value suggests KROO may be overbought. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for KROO suggests low volalility. |
KROO Chart- and CandleStick Pattern Analysis
KROO 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 |
|---|---|---|---|
| 20.12 | 19.45 | 0.67 (3.33%) | 25.00% |
| An entry @20.12. This is a Buy Stop order right above the resistance zone. | An exit @19.45. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.67 points, which is 3.33%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
KROO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:KROO (3/16/2018, 8:26:52 PM)
19.82
-0.09 (-0.45%)
IQ Australia Small Cap ETF / KROO TA FAQ
What is the ChartMill technical rating of IQ Australia Small Cap ETF (KROO) stock?
ChartMill assigns a technical rating of 9 / 10 to KROO.
What is the current trend direction of IQ Australia Small Cap ETF (KROO) stock?
The current trend direction for IQ Australia Small Cap ETF (KROO) is Bullish.
What is the RSI signal for KROO stock?
IQ Australia Small Cap ETF (KROO) has an RSI value of 55.2597. This indicates that the stock is currently neutral.
What is the MACD signal for IQ Australia Small Cap ETF (KROO) stock?
The MACD indicator for IQ Australia Small Cap ETF (KROO) has a value of 0.0534181, indicating a bearish trend.
What is the short term momentum for KROO stock?
The short term momentum for IQ Australia Small Cap ETF (KROO) is positive.