KONG in -0.47% downward trend, declining for three consecutive days on December 17, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where KONG declined for three days, in of 180 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on KONG as a result. In of 70 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 KONG turned negative on December 04, 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 25 similar instances when the indicator turned negative. In of the 25 cases the stock turned lower in the days that followed. This puts the odds of success at .
KONG moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for KONG'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 6 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.
The Aroon Indicator entered an Uptrend today. In of 195 cases where KONG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category MidCapBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GGZPX | 23.29 | N/A | N/A |
| Goldman Sachs Enh Cor EqFund-ShareclassP | |||
| MGBRX | 16.25 | -0.06 | -0.37% |
| MFS Global Total Return R2 | |||
| APDJX | 17.61 | -0.09 | -0.51% |
| Artisan International Small-Mid Advisor | |||
| WVMRX | 11.53 | -0.10 | -0.86% |
| William Blair Mid Cap Value R6 | |||
| CSGTX | 5.26 | -0.06 | -1.13% |
| Transamerica Small Cap Growth C | |||
KONG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, KONG has been closely correlated with SCHM. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if KONG jumps, then SCHM could also see price increases.
| Ticker / NAME | Correlation To KONG | 1D Price Change % | ||
|---|---|---|---|---|
| KONG | 100% | -0.43% | ||
| SCHM - KONG | 92% Closely correlated | -1.00% | ||
| MDY - KONG | 3% Poorly correlated | -1.17% | ||
| IJH - KONG | 3% Poorly correlated | -1.62% | ||
| IWR - KONG | 2% Poorly correlated | -0.87% | ||
| VXF - KONG | 1% Poorly correlated | -1.20% | ||
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