KARS KraneShares Eltc Vhl and Ft Mbly ETF Forecast, Technical & Fundamental Analysis
KARS in upward trend: 10-day moving average crossed above 50-day moving average on December 17, 2024
The 10-day moving average for KARS crossed bullishly above the 50-day moving average on December 17, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Momentum Indicator moved above the 0 level on December 17, 2024. You may want to consider a long position or call options on KARS as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KARS advanced for three days, in of 320 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 235 cases where KARS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for KARS turned negative on December 17, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
KARS moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend.
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 .
KARS broke above its upper Bollinger Band on December 09, 2024. 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.
General Information
Category Industrials
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| PGOFX | 49.87 | N/A | N/A |
| Pioneer Select Mid Cap Growth A | |||
| HLRRX | 11.58 | -0.07 | -0.60% |
| LDR Real Estate Value Opportunity Instl | |||
| JIVZX | 29.80 | -0.19 | -0.63% |
| JPMorgan U.S. Applied Data Sci Val R2 | |||
| LGOFX | 28.63 | -0.33 | -1.14% |
| Lord Abbett Growth Opportunities F | |||
| NYVBX | 18.67 | -0.22 | -1.16% |
| Davis NY Venture B | |||
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% | +0.08% | ||
| IYJ - KARS | 75% Closely correlated | -0.77% | ||
| FXR - KARS | 65% Loosely correlated | -1.33% | ||
| VIS - KARS | 52% Loosely correlated | -1.12% | ||
| XLI - KARS | 50% Loosely correlated | -0.92% | ||
| XAR - KARS | 47% Loosely correlated | -1.02% | ||
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