Overall KWEB gets a technical rating of 0 out of 10. KWEB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of KWEB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
34.16
2 important resistance areas can be observed.
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 KWEB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KWEB is down. |
| ChartMill Relative Strength | 39.84 | NEUTRAL | KWEB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KWEB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KWEB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KWEB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.79 | OVERSOLD | The low RSI value suggests KWEB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests KWEB has a negative trend. |
| Stochastics (14,3) | 8.06 | OVERSOLD | The low Stochastics value suggests KWEB may be oversold. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for KWEB suggests low volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for KWEB suggests a strong trend. |
34.51
-0.07 (-0.2%)
ChartMill assigns a technical rating of 0 / 10 to KWEB.
The current trend direction for KRANESH CSI CHINA INTERNET (KWEB) is Bearish.
KRANESH CSI CHINA INTERNET (KWEB) has an RSI value of 27.7872. This indicates that the stock is currently oversold.
The MACD indicator for KRANESH CSI CHINA INTERNET (KWEB) has a value of -0.171009, indicating a bearish trend.
The buy/sell signal for KRANESH CSI CHINA INTERNET (KWEB) is sell as both the short term and long term trends are negative.