KLIP KraneShares KWEB Covered Call Strat ETF Forecast, Technical & Fundamental Analysis

KLIP's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for KLIP turned positive on January 17, 2025. Looking at past instances where KLIP's MACD turned positive, the stock continued to rise in of 23 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 17, 2025. You may want to consider a long position or call options on KLIP as a result. In of 36 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

KLIP moved above its 50-day moving average on January 17, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for KLIP crossed bullishly above the 50-day moving average on January 27, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KLIP advanced for three days, in of 111 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 21 cases where KLIP 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KLIP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .