KOIN Capital Link Global Fintech Leaders ETF Forecast, Technical & Fundamental Analysis
KOIN's Indicator enters downward trend
The Aroon Indicator for KOIN entered a downward trend on August 29, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 135 similar instances where the Aroon Indicator formed such a pattern. In of the 135 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on KOIN as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for KOIN turned negative on September 19, 2023. 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
KOIN moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for KOIN crossed bearishly below the 50-day moving average on September 18, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KOIN 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 RSI Indicator entered the oversold zone -- be on the watch for KOIN's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KOIN advanced for three days, in of 354 cases, the price rose further within the following month. The odds of a continued upward trend are .
KOIN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Technology
KOIN and
Correlation & Price change
A.I.dvisor tells us that KOIN and SOXX have been poorly correlated (+1% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that KOIN and SOXX's prices will move in lockstep.
| Ticker / NAME | Correlation To KOIN | 1D Price Change % | ||
|---|---|---|---|---|
| KOIN | 100% | -0.47% | ||
| SOXX - KOIN | 1% Poorly correlated | +0.36% | ||
| SMH - KOIN | 1% Poorly correlated | +0.48% | ||
| XLK - KOIN | -3% Poorly correlated | +0.34% | ||
| IYW - KOIN | -3% Poorly correlated | +0.17% | ||
| VGT - KOIN | -3% Poorly correlated | +0.39% |