MENU
+Compare
KLXY
ETF ticker: NYSE ARCA
AS OF
Jan 17 closing price
Price
$24.61
Change
+$0.11 (+0.45%)
Net Assets
6.72M

KLXY stock forecast, quote, news & analysis

KLXY
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
A.I.Advisor
published price charts
Ad is loading...
A.I.Advisor
a Summary for KLXY with price predictions
Jan 08, 2025

Momentum Indicator for KLXY turns negative, indicating new downward trend

KLXY saw its Momentum Indicator move below the 0 level on January 07, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 19 similar instances where the indicator turned negative. In of the 19 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for KLXY turned negative on December 20, 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 11 similar instances when the indicator turned negative. In of the 11 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KLXY 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 18 cases where KLXY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 KLXY advanced for three days, in of 77 cases, the price rose further within the following month. The odds of a continued upward trend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Las Vegas Sands Corp (NYSE:LVS), MGM Resorts International (NYSE:MGM), Wynn Resorts Limited (NASDAQ:WYNN), VF Corp (NYSE:VFC), Capri Holdings Limited (NYSE:CPRI), Signet Jewelers Limited (NYSE:SIG), Melco Resorts & Entertainment Limited (NASDAQ:MLCO).

Industry description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Solactive Global Luxury Index. Under normal circumstances, the fund will invest at least 80% of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The underlying index is a modified, free float adjusted market capitalization weighted index designed to measure the equity performance of companies in developed markets from global luxury-related sectors. The fund is non-diversified.

Market Cap

The average market capitalization across the KraneShares Global Luxury Index ETF ETF is 16.12B. The market cap for tickers in the group ranges from 2.79B to 78.59B. RACE holds the highest valuation in this group at 78.59B. The lowest valued company is PENN at 2.79B.

High and low price notable news

The average weekly price growth across all stocks in the KraneShares Global Luxury Index ETF ETF was 4%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was 5%. CZR experienced the highest price growth at 8%, while SIG experienced the biggest fall at -25%.

Volume

The average weekly volume growth across all stocks in the KraneShares Global Luxury Index ETF ETF was -23%. For the same stocks of the ETF, the average monthly volume growth was -18% and the average quarterly volume growth was 35%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 56
P/E Growth Rating: 51
Price Growth Rating: 54
SMR Rating: 57
Profit Risk Rating: 61
Seasonality Score: 14 (-100 ... +100)
View a ticker or compare two or three
KLXY
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category ConsumerDiscretionary

Profile
Fundamentals
Details
Category
Consumer Cyclical
Address
152 West 57th Street, 16th Floor New York, New York 10019KRANESHARES TRUSTNew York
Phone
1-855-857-2638
Web
http://www.kraneshares.com