KNG FT Cboe Vest S&P 500® Dv Ast Tgt Inc ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield of an equity index called the Cboe S&P 500® Dividend Aristocrats Target Income Index Monthly Series... Show more
KNG sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for KNG moved below the 200-day moving average on April 04, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
KNG moved below its 50-day moving average on April 03, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KNG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for KNG entered a downward trend on April 15, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where KNG's RSI Oscillator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on KNG as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for KNG just turned positive on April 22, 2025. Looking at past instances where KNG's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KNG advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
KNG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Trading
KNG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, KNG has been closely correlated with PAPI. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if KNG jumps, then PAPI could also see price increases.
| Ticker / NAME | Correlation To KNG | 1D Price Change % | ||
|---|---|---|---|---|
| KNG | 100% | +0.56% | ||
| PAPI - KNG | 90% Closely correlated | +0.63% | ||
| JEPI - KNG | 88% Closely correlated | +1.84% | ||
| DIVP - KNG | 87% Closely correlated | +0.30% | ||
| DIVO - KNG | 82% Closely correlated | +0.84% | ||
| SIXH - KNG | 81% Closely correlated | +0.57% | ||
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