KUKE MUSIC HOLDING LTD-ADR (KUKE) Stock Technical Analysis
NYSE:KUKE - New York Stock Exchange, Inc. - US5012292075 - ADR - Currency: USD
Taking everything into account, KUKE scores 0 out of 10 in our technical rating. KUKE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, KUKE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KUKE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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2.89
When analyzing the support we notice one important area.
- A support zone ranging from 2.92 to 2.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.08 to 3.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.36 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.28 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for KUKE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KUKE is down. |
| ChartMill Relative Strength | 2.21 | NEGATIVE | KUKE has a low relative strength, it was outperformed by 97.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KUKE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KUKE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KUKE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.3 | NEUTRAL | The RSI value for KUKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests KUKE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for KUKE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for KUKE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.18 | NEGATIVE | The low ADX value for KUKE suggests a weak or negative trend. |
NYSE:KUKE (7/14/2025, 8:04:00 PM)
2.93
-0.14 (-4.56%)