KRBN Stock KraneShares Global Carbon ETF (KRBN, $31.54) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 14, 2024

GET DAILY SIGNALS

Get AI intraday signals

KRBN - KraneShares Global Carbon ETF

MACD signal

View

Odds of DOWN Trend

Price: $31.54

Daily change: +$0.04 (+0.13%)

Daily volume: 77.1K

Net Assets: $254.3M

Momentum Indicator for KRBN turns negative, indicating new downward trend

KRBN saw its Momentum Indicator move below the 0 level on November 12, 2024. 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 83 similar instances where the indicator turned negative. In of the 83 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for KRBN turned negative on November 14, 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 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 .

KRBN moved below its 50-day moving average on November 13, 2024 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for KRBN moved below the 200-day moving average on October 22, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KRBN 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 is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The 10-day moving average for KRBN crossed bullishly above the 50-day moving average on November 01, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 KRBN advanced for three days, in of 289 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 198 cases where KRBN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .