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KraneShares CICC China 5G & ETF Forecast

$15.43
+0.195 (+1.28%)
At Close: May 17, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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KraneShares CICC China 5G & ETF price ended at $15.43 on Friday, after gaining 1.28%.
(Updated on May 17, 2024)

Buy or Hold candidate since May 02, 2024 Loss -0.68% PDF

The KraneShares CICC China 5G & ETF price gained 1.28% on the last trading day (Friday, 17th May 2024), rising from $15.23 to $15.43. During the last trading day the ETF fluctuated 0.162% from a day low at $15.40 to a day high of $15.43. The price has been going up and down for this period, and there has been a -1.06% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 3 thousand shares were bought and sold for approximately $40.07 thousand.

The ETF lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 5.19% during the next 3 months and, with a 90% probability hold a price between $14.91 and $16.91 at the end of this 3-month period.

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KFVG Signals & Forecast

The KraneShares CICC China 5G & ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $15.27 and $14.76. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). KraneShares CICC China 5G & has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, May 03, 2024, and so far it has fallen -1.06%. Further fall is indicated until a new bottom pivot has been found.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Friday, May 03, 2024 and based on theory for this formation the price should fall by -11.09% to $13.71 within 33 trading days since signal was issued (Monday, May 20, 2024).

Support, Risk & Stop-loss for KraneShares CICC China 5G & ETF

KraneShares CICC China 5G & finds support from accumulated volume at $14.98 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $0.0250 between high and low, or 0.162%. For the last week, the ETF has had daily average volatility of 0.358%.

Our recommended stop-loss: $14.78 (-4.17%) (This ETF has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (KFVG) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect KraneShares CICC China 5G & Semiconductor Index ETF to open at $15.42, and during the day (based on 14 day Average True Range), to move between $15.19 and $15.66, which gives a possible trading interval of +/-$0.240 (+/-1.55%) up or down from last closing price. If KraneShares CICC China 5G & Semiconductor Index ETF takes out the full calculated possible swing range there will be an estimated 3.11% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $15.45 (0.16%) than the support at $14.98 (2.87%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is KraneShares CICC China 5G & Semiconductor Index ETF ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for KraneShares CICC China 5G & ETF to perform well in the short-term.

Current score: 3.265 Buy Candidate Unchanged

Predicted Opening Price for KraneShares CICC China 5G & Semiconductor Index ETF of Monday, May 20, 2024

Fair opening price May 20, 2024 Current price
$15.42 ( 0.0540%) $15.43

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KFVG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 15.44 0.108 %
R2 15.43 0.0461 %
R1 15.43 0.0079 %
Current price: 15.43
Support S1 15.41 -0.116 %
S2 15.40 -0.154 %
S3 15.39 -0.216 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 15.47 0.292 %
R2 15.46 0.227 %
R1 15.45 0.162 %
Current price 15.43
Support S1 14.98 -2.87%
S2 14.80 -4.05%
S3 14.79 -4.12%

KFVG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 18, 2023 Dec 18, 2023 Dec 18, 2023 $0.0390 0.270%
2 Dec 27, 2022 Dec 28, 2022 Dec 30, 2022 $0.0540 0.352%

FAQ

What is the symbol for KraneShares CICC China 5G & Semiconductor Index ETF ETF and on which exchange is it traded?
The symbol for KraneShares CICC China 5G & Semiconductor Index ETF is KFVG and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell KraneShares CICC China 5G & Semiconductor Index ETF ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for KraneShares CICC China 5G & ETF to perform well in the short-term.

How to buy KraneShares CICC China 5G & Semiconductor Index ETF ETF?
KraneShares CICC China 5G & Semiconductor Index ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy KraneShares CICC China 5G & Semiconductor Index ETF ETF.

What's the current price of KraneShares CICC China 5G & Semiconductor Index ETF ETF?
As of the end of day on the May 17, 2024, the price of an KraneShares CICC China 5G & Semiconductor Index ETF (KFVG) share was $15.43.

What is the 52-week high and low for KraneShares CICC China 5G & Semiconductor Index ETF ETF?
The 52-week high for KraneShares CICC China 5G & Semiconductor Index ETF ETF is $17.61 and the 52-week low is $11.58.

What is the market capitalization of KraneShares CICC China 5G & Semiconductor Index ETF ETF?
As of the May 17, 2024, the market capitalization of KraneShares CICC China 5G & Semiconductor Index ETF is 8.398M.
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About KraneShares CICC China 5G & Semiconductor Index ETF

The fund will invest at least 80% of its total assets in components of the index, depositary receipts, representing such components and securities underlying depositary receipts in the index. The securities included in the underlying index include China A-Shares available for investment through the Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect Programs and all securities listed in Hong Kong or the U.S. with China as the cou... KFVG Profile

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