REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how KWEB has been trading over the last 2 weeks and the past day especially. On its latest session, KraneShares Trust KraneShares CSI China Internet ETF ($KWEB) opened at 47.65, reaching a high of 48.048 and a low of 47.57 before closing at a price of 47.8. There was a total volume of 2335374.
VOLUME INDICATORS FOR KRANESHARES TRUST KRANESHARES CSI CHINA INTERNET ETF ($KWEB): We saw an accumulation-distribution index of 5806.19608, an on-balance volume of -46.66, chaikin money flow of 1.40201 and a force index of 0.9009. There was an ease of movement rating of 0.00017, a volume-price trend of 5.5971 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR KRANESHARES TRUST KRANESHARES CSI CHINA INTERNET ETF ($KWEB): We noted an average true range of 0.54656, bolinger bands of 48.60306, an upper bollinger band of 45.40694, lower bollinger band of 47.57, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 47.756, high band keltner channel of 47.358, low band keltner channel of 48.154, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 47.57, a donchian channel low band of 47.57, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR KRANESHARES TRUST KRANESHARES CSI CHINA INTERNET ETF ($KWEB): We calculated a Moving Average Convergence Divergence (MACD) of -0.02535, a MACD signal of -0.01408, a MACD difference of -0.01127, a fast Exponential Moving Average (EMA) indicator of 47.57, a slow Exponential Moving Average (EMA) indicator of 47.57, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.39691, a trix of 9.87679, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -4.97387, a KST Oscillator (KST) of 116.76804 and a KST Oscillator (KST Signal) of 116.76804 (leaving a KST difference of -6.63206). We also found an Ichimoku rating of 47.849, an Ichimoku B rating of 47.849, a Ichimoku visual trend A of 43.34426, an Ichimoku visual trend B of 43.76458, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR KRANESHARES TRUST KRANESHARES CSI CHINA INTERNET ETF ($KWEB): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 98.41705, a stochastic oscillator of 120.1005, a stochastic oscillator signal of 120.1005, a Williams %R rating of 20.1005 and an awesome oscillator of -0.2395.
RETURNS FOR KRANESHARES TRUST KRANESHARES CSI CHINA INTERNET ETF ($KWEB): There was a daily return of 11.6768, a daily log return of -2.40412 and a cumulative return of -2.37545.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for KraneShares Trust KraneShares CSI China Internet ETF ($KWEB)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling KraneShares Trust KraneShares CSI China Internet ETF ($KWEB) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.