KLXY KraneShares Global Luxury Index ETF Forecast, Technical & Fundamental Analysis
KLXY sees its Stochastic Oscillator ascends from oversold territory
On January 07, 2025, the Stochastic Oscillator for KLXY moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 18 instances where the indicator left the oversold zone. In of the 18 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on KLXY as a result. In of 19 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
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 .
General Information
Category ConsumerDiscretionary
KLXY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, KLXY has been loosely correlated with XRT. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if KLXY jumps, then XRT could also see price increases.
| Ticker / NAME | Correlation To KLXY | 1D Price Change % | ||
|---|---|---|---|---|
| KLXY | 100% | -0.16% | ||
| XRT - KLXY | 62% Loosely correlated | -0.53% | ||
| FDIS - KLXY | 49% Loosely correlated | -0.49% | ||
| XHB - KLXY | 49% Loosely correlated | -1.69% | ||
| VCR - KLXY | 49% Loosely correlated | -0.42% | ||
| XLY - KLXY | 46% Loosely correlated | -0.28% | ||
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