NYSEARCA:KWEB - NYSE Arca - US5007673065 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to KWEB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KWEB is showing a nice and steady performance.
Although KWEB has an excellent technical rating, it does not present a decent entry opportunity 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.
29.16
4 important support 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 | 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 | 83.79 | POSITIVE | KWEB has a high relative strength, it outperformed 83.79% 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) | UP | POSITIVE | The current price of KWEB is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 66.27 | NEUTRAL | The RSI value for KWEB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests KWEB has a positive trend. |
Stochastics (14,3) | 85.15 | OVERBOUGHT | The high Stochastics value suggests KWEB may be overbought. |
Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for KWEB suggests low volalility. |
Average Directional Index/ADX (14) | 15.46 | NEGATIVE | The low ADX value for KWEB suggests a weak or negative trend. |
36.41
+0.32 (+0.89%)