NYSEARCA:KJAN - NYSE Arca - US45782C4740 - ETF - Currency: USD
Taking everything into account, KJAN scores 2 out of 10 in our technical rating. KJAN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, KJAN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 35.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KJAN in the last couple of days, which is a good sign.
33.37
2 important support areas can be observed.
When analyzing the resistance we notice 4 important areas.
NYSEARCA:KJAN (4/30/2025, 3:07:20 PM)
35.19
-0.23 (-0.65%)