KDRN Kingsbarn Tactical Bond ETF Forecast, Technical & Fundamental Analysis
KDRN's RSI Oscillator remains in oversold zone for 8 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 26, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on KDRN as a result. In of 52 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
KDRN moved below its 50-day moving average on December 26, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for KDRN crossed bearishly below the 50-day moving average on December 26, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
General Information
Category IntermediateTermBond
KDRN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, KDRN has been closely correlated with FIXD. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if KDRN jumps, then FIXD could also see price increases.
| Ticker / NAME | Correlation To KDRN | 1D Price Change % | ||
|---|---|---|---|---|
| KDRN | 100% | +0.09% | ||
| FIXD - KDRN | 73% Closely correlated | -0.05% | ||
| FBND - KDRN | 73% Closely correlated | -0.02% | ||
| TOTL - KDRN | 71% Closely correlated | +0.20% | ||
| BOND - KDRN | 69% Closely correlated | -0.07% | ||
| JCPB - KDRN | 65% Loosely correlated | +0.01% | ||
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