Index Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
KraneShares China Internet ETF (GIF:KWEB)
Countertrend Up (+85) - KWEB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid KWEB?
MarketClub looks at technical strength and momentum to determine if the timing is right for KWEB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KWEB
The long-term trend has been UP since May 19th, 2020 at 53.257
The intermediate-term trend has been UP since Apr 7th, 2020 at 47.240
The short-term trend has been DOWN since May 22nd, 2020 at 50.740
Smart Scan Analysis for KWEB
Based on our trend formula, KWEB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).