KTEC Stock KraneShares Hang Seng TECH ETF (KTEC, $12.12) entered Downtrend as Momentum indicator drops below 0 level on May 23, 2024

A.I.dvisor
at Tickeron.com
05/24/24
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KTEC - KraneShares Hang Seng TECH ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $12.12
Daily change: -$0.34 (-2.73%)
Daily volume: 13K
Net Assets: $6.9M
This indicator may be signaling that KTEC's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 56 similar cases where KTEC's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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General Information

Category PacificAsiaexJapanStk

Profile
Fundamentals
Details
Category
China Region
Address
152 West 57th Street, 16th Floor New York, New York 10019KRANESHARES TRUSTNew York
Phone
1-855-857-2638
Web
http://www.kraneshares.com