KARS KraneShares Eltc Vhl and Ft Mbly ETF Forecast, Technical & Fundamental Analysis
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KARS in downward trend: price may drop because broke its higher Bollinger Band on June 24, 2025
KARS broke above its upper Bollinger Band on June 24, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 37 similar instances where the stock broke above the upper band. In of the 37 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KARS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 23, 2025. You may want to consider a long position or call options on KARS as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for KARS just turned positive on June 24, 2025. Looking at past instances where KARS's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .
KARS moved above its 50-day moving average on June 03, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KARS advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 196 cases where KARS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category Industrials
KARS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, KARS has been closely correlated with IYJ. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if KARS jumps, then IYJ could also see price increases.
| Ticker / NAME | Correlation To KARS | 1D Price Change % | ||
|---|---|---|---|---|
| KARS | 100% | -0.57% | ||
| IYJ - KARS | 75% Closely correlated | +0.99% | ||
| FXR - KARS | 65% Loosely correlated | +0.50% | ||
| VIS - KARS | 52% Loosely correlated | +0.94% | ||
| XLI - KARS | 50% Loosely correlated | N/A | ||
| XAR - KARS | 47% Loosely correlated | +1.37% | ||
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