KMLM Stock KraneShares Mount LucasMgdFutsIdxStgyETF (KMLM, $28.47) entered Uptrend as Momentum indicator ascends above 0 level on Nov 14, 2024

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KMLM - KraneShares Mount LucasMgdFutsIdxStgyETF

Momentum signal

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Odds of UP Trend

Price: $28.47

Daily change: +$0.37 (+1.32%)

Daily volume: 49.4K

Net Assets: $350.7M

Momentum Indicator for KMLM turns positive, indicating new upward trend

KMLM saw its Momentum Indicator move above the 0 level on November 14, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 68 similar instances where the indicator turned positive. In of the 68 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where KMLM's RSI Oscillator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for KMLM just turned positive on October 17, 2024. Looking at past instances where KMLM's MACD turned positive, the stock continued to rise in of 40 cases 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 KMLM advanced for three days, in of 283 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

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

KMLM broke above its upper Bollinger Band on November 14, 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.

The Aroon Indicator for KMLM entered a downward trend on October 21, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.