KUKE MUSIC HOLDING LTD-ADR (KUKE)

US5012291085 - ADR

2.64  +0.06 (+2.33%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to KUKE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KUKE is showing a nice and steady performance.

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 KUKE is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by KUKE over the past year are nicely spread over this period.
KUKE is part of the Entertainment industry. There are 77 other stocks in this industry. KUKE outperforms 98% of them.
KUKE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so KUKE is performing more or less in line with the market.
In the last month KUKE has a been trading in the 1.57 - 3.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
KUKE Weekly chart
KUKE Daily chart
Setup Rating and Analysis

7

KUKE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.16, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.95

2.67

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 2.57 to 2.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 2.12 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.97 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.12
Mansfield10.5
10 Day High3.5
10 Day Low2.15
20 Day High3.5
20 Day Low1.58
52 Week High3.5
52 Week Low0.42
Performance
1 Week-18.35%
2 Weeks3.2%
1 Month14.16%
3 Month154.19%
6 Month134.55%
12 Month203.6%
2 Year-24.12%
3 Year-51.04%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)51.24
LBB1.87
UBB3.47
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.

ENTRYEXITDISTANCECAPITAL
2.872.140.73 (25.36%)3.94%
An entry @2.87. This is a Buy Stop order right above the 10 day moving average.An exit @2.14. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.73 points, which is 25.36%.When investing 3.94% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of KUKE. Please evaluate whether better entry and exit points can be found.
  • 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.
KUKE Daily chart

KUKE MUSIC HOLDING LTD-ADR

NYSE:KUKE (4/25/2024, 3:00:02 PM)

2.64

+0.06 (+2.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.33%
1 Week-18.35%
2 Weeks3.2%
1 Month14.16%
3 Month154.19%
6 Month134.55%
12 Month203.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.51
ATR(20)%17.23%
ATR Inc
Range Today0.47
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.5
10 Day Low2.15
20 Day High3.5
20 Day Low1.58
52 Week High3.5
52 Week Low0.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume95.29K
Volume Incr71.18%
Vol(5)120.70K
Vol(50)60.45K