KURE Stock KraneShares MSCI All China Hlth Care ETF (KURE, $14.91) entered Downtrend as Momentum indicator drops below 0 level on Nov 15, 2024
at Tickeron.com
KURE sees MACD Histogram crosses below signal line
KURE saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 14, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 45 instances where the indicator turned negative. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 15, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on KURE as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
KURE moved below its 50-day moving average on November 14, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KURE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for KURE entered a downward trend on November 15, 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.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KURE advanced for three days, in of 300 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category PacificAsiaexJapanStk