KRANESHARES CSI CHINA INTERN (KWEB) Stock Technical Analysis
NYSEARCA:KWEB - NYSE Arca - US5007673065 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to KWEB. In the last year, KWEB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
In the last month KWEB has a been trading in the 33.59 - 37.24 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that KWEB is one of the better performing stocks in the market, outperforming 80% of all stocks.
KWEB has an average volume of 16719900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Although KWEB has an excellent technical rating, it does not offer a high 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.
More info and screens
29.28
34.85
When analyzing the support we can see 4 important areas.
- A support zone ranging from 34.32 to 34.46. 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 33.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.20 to 30.53. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @29.58 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 | NEUTRAL | NEUTRAL | The short term trend for KWEB is neutral. |
| ChartMill Relative Strength | 80.13 | POSITIVE | KWEB has a high relative strength, it outperformed 80.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KWEB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KWEB is below 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) | 44.02 | NEUTRAL | The RSI value for KWEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests KWEB has a negative trend. |
| Stochastics (14,3) | 30.21 | NEUTRAL | The Stochastics value for KWEB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for KWEB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.65 | 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)
34.5
-0.94 (-2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.65%
1 Week-4.98%
2 Weeks-4.75%
1 Month2.59%
3 Month2.68%
6 Month10.29%
12 Month34.61%
2 Year20.17%
3 Year15.23%
5 Year-50.95%
10 Year13.64%
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%2.05%
ATR Inc27.14%
Range Today0.48
ADR(20)0.51
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.13
Mansfield0.1
10 Day High37.24
10 Day Low34.2
20 Day High37.24
20 Day Low33.59
52 Week High39.17
52 Week Low24.68
CS1 End34.46
CR1 StartN/A
Volume & EV
DER(3)-1.88%
DER(5)-0.16%
Volume28.29M
Volume Incr19.44%
Vol(5)20.62M
Vol(50)16.72M