KraneShares China Technology & Semiconductor STAR 50 Index ETF (KSTR)

KraneShares China Technology & Semiconductor STAR 50 Index ETF is trading at $16.81, down 5.61% on the session. The 50 day average sits at $22.31 and the 200 day at $22.84, which puts the stock in a downtrend. RSI is at 27.9, which reads as oversold, and MACD is bearish crossover. Volume is above average.

The nearest support is around $18.39 with resistance near $19.75, so that band frames the current range. Average daily movement is roughly $0.50, or about 3.0% of the share price, which is what any stop placement has to allow for. The overall health score of 26 out of 100 combines a trend score of 0, momentum of 28 and a risk score of 64.

Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The underlying index includes the stocks of the top 50 companies by free-float market capitalizations listed on the SSE Science and Technology Innovation Board (the “STAR Board”). It is non-diversified.