KRANESHARES ELECTRIC VEHICLE (KARS) Stock Technical Analysis
NYSEARCA:KARS - NYSE Arca - US5007678270 - ETF - Currency: USD
Taking everything into account, KARS scores 7 out of 10 in our technical rating. Although KARS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: KARS has an average volume of 18226 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month KARS has a been trading in the 20.51 - 22.82 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, KARS turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
KARS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KARS is lagging the market.
KARS has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.46
24.01
We found 2 important support areas.
- A support zone ranging from 21.02 to 21.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.67 to 20.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.80 to 23.13. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @23.77 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.51
Mansfield-0.19
10 Day High22.82
10 Day Low21.13
20 Day High22.82
20 Day Low20.51
52 Week High25.25
52 Week Low17.54
Performance
1 Week2.19%
2 Weeks3.95%
1 Month5.9%
3 Month1.68%
6 Month18.5%
12 Month3.66%
2 Year-26.96%
3 Year-45.4%
5 Year-2.04%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)59.51
LBB20.76
UBB22.79
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.14 | 21.12 | 2.02 (8.73%) | 11.46% |
| An entry @23.14. This is a Buy Stop order right above the resistance zone. | An exit @21.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.02 points, which is 8.73%. | For a 1.00% total portfolio risk, you can invest 11.46% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:KARS (2/21/2025, 8:04:00 PM)
22.4317
-0.07 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.3%
1 Week2.19%
2 Weeks3.95%
1 Month5.9%
3 Month1.68%
6 Month18.5%
12 Month3.66%
2 Year-26.96%
3 Year-45.4%
5 Year-2.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%2.06%
ATR Inc-22.39%
Range Today0.48
ADR(20)0.34
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.51
Mansfield-0.19
10 Day High22.82
10 Day Low21.13
20 Day High22.82
20 Day Low20.51
52 Week High25.25
52 Week Low17.54
CS1 End21.99
CR1 Start22.8
Volume & EV
DER(3)4.7%
DER(5)2%
Volume13.60K
Volume Incr0.72%
Vol(5)17.54K
Vol(50)18.23K