KRANESHARES CSI CHINA INTERN (KWEB) Stock Technical Analysis
NYSEARCA:KWEB - NYSE Arca - US5007673065 - ETF - Currency: USD
Overall KWEB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, KWEB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, KWEB did better than 82% of all other stocks. On top of that, KWEB also shows a nice and consistent pattern of rising prices.
KWEB 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 KWEB is lagging the market slightly.
In the last month KWEB has a been trading in the 33.43 - 37.24 range, which is quite wide. It is currently trading near the high of this range.
KWEB has an average volume of 16270600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although KWEB 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
29.21
36.67
We found 4 important support areas.
- A support zone ranging from 34.28 to 35.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.73 to 33.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.42 from a trend line in the weekly time frame.
- Support @29.50 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 | UP | POSITIVE | The long term trend for KWEB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KWEB is up. |
| ChartMill Relative Strength | 82.97 | POSITIVE | KWEB has a high relative strength, it outperformed 82.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KWEB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KWEB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KWEB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.26 | NEUTRAL | The RSI value for KWEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests KWEB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.56 | OVERBOUGHT | The high Stochastics value suggests KWEB may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for KWEB suggests low volalility. |
| Average Directional Index/ADX (14) | 18.03 | NEGATIVE | The low ADX value for KWEB suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 37.25 | 34.09 | 3.16 (8.48%) | 11.80% |
| An entry @37.25. This is a Buy Stop order right above the 10 day high. | An exit @34.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.16 points, which is 8.48%. | For a 1.00% total portfolio risk, you can invest 11.80% 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.
36.31
-0.28 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.77%
1 Week0.25%
2 Weeks7.24%
1 Month5.74%
3 Month13.43%
6 Month18.89%
12 Month37.23%
2 Year13.61%
3 Year28.08%
5 Year-45.82%
10 Year1.82%
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%1.77%
ATR Inc-16.25%
Range Today0.35
ADR(20)0.45
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.97
Mansfield0.4
10 Day High37.24
10 Day Low34.1
20 Day High37.24
20 Day Low33.43
52 Week High39.17
52 Week Low24.68
CS1 End35.03
CR1 StartN/A
Volume & EV
DER(3)3.8%
DER(5)2.47%
Volume17.81M
Volume Incr17.55%
Vol(5)18.52M
Vol(50)16.27M