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KRANESHARES CSI CHINA INTRNT (KWEB.AS) Stock Technical Analysis

AMS:KWEB - Euronext Amsterdam - IE00BFXR7892 - ETF - Currency: USD

23.5712  +0.22 (+0.96%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to KWEB. KWEB has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month KWEB has a been trading in the 23.24 - 25.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: KWEB has an average volume of 10500 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When compared to the yearly performance of all other stocks, KWEB outperforms 67% of them, which is more or less in line with the market.
KWEB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KWEB is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
KRANESHARES CSI CHINA INTRNT / KWEB Weekly stock chart
KRANESHARES CSI CHINA INTRNT / KWEB Daily stock chart
Setup Rating and Analysis

4

KWEB has a poor technical rating and the quality of the setup is also 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.

Support and Resistance Analysis

17.23

26.56

We found 5 important support areas.

  • Support @21.87 from a trend line in the weekly time frame.
  • A support zone ranging from 20.92 to 21.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @20.33 from a horizontal line in the daily time frame.
  • Support @19.19 from a trend line in the weekly time frame.
  • Support @17.40 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 23.60 to 24.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @25.02 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 25.95 to 26.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for KWEB.AS is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for KWEB.AS is neutral.
ChartMill Relative Strength67.83NEUTRALKWEB.AS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of KWEB.AS is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of KWEB.AS is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of KWEB.AS is above the rising SMA(200).
Relative Strength Index/RSI (14)47.04NEUTRALThe RSI value for KWEB.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.1NEGATIVEThe MACD value suggests KWEB.AS has a negative trend.
Stochastics (14,3)17.23OVERSOLDThe low Stochastics value suggests KWEB.AS may be oversold.
Average True Range in percent/ATR (20)1.96LOW VOLATILITYThe low ATR as a percentage value for KWEB.AS suggests low volalility.
Average Directional Index/ADX (14)10.4NEGATIVEThe low ADX value for KWEB.AS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
KRANESHARES CSI CHINA INTRNT / KWEB Daily stock chart

KRANESHARES CSI CHINA INTRNT

AMS:KWEB (6/2/2025, 7:00:00 PM)

23.5712

+0.22 (+0.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.96%
1 Week-1.81%
2 Weeks-3.44%
1 Month-1.37%
3 Month-10.16%
6 Month9.82%
12 Month18.64%
2 Year29.71%
3 Year8.59%
5 Year-39.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.96%
ATR Inc9.02%
Range Today0.17
ADR(20)0.34
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.83
Mansfield0.55
10 Day High24.59
10 Day Low23.24
20 Day High25.02
20 Day Low23.24
52 Week High27.5
52 Week Low16.92
CS1 End21.87
CR1 Start23.6
Volume & EV
DER(3)-0.51%
DER(5)-0.81%
Volume6.99K
Volume Incr13.46%
Vol(5)5.00K
Vol(50)10.50K