Bullish Case: Recent uptick in price, HeliumTrades AI's bullish forecast, increasing institutional interest, and mean reversion tendencies suggest short-term upside.


Bearish Case: Long-term downtrend, low option trading volume, and high implied volatility indicate uncertainty and potential downside risk.


Potential Outcomes: [defenseworld.net] Price continues short-term rally: 35%. [Helium] Price mean reverts with bearish sentiment mid-term: 30%. [Helium] Long-term downtrend persists: 20%. [Helium] Volatile break in either direction: 15%.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 06, 2024


KraneShares CSI China Internet Forecast

KWEB        KraneShares CSI China Internet
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with KWEB



CWEB Forecast + Options Trading Strategies   [CWEB]  Direxion Daily CSI China Internet Index Bu (0.93)


ADM Forecast + Options Trading Strategies   [ADM]  Archer Daniels Midland (0.81)


BIDU Forecast + Options Trading Strategies   [BIDU]  Baidu (0.77)


NTR Forecast + Options Trading Strategies   [NTR]  Nutrien (0.76)


MOS Forecast + Options Trading Strategies   [MOS]  Mosaic (0.75)



Uncorrelated Stock Forecasts

Assets with little price relationship to KWEB



GFI Forecast + Options Trading Strategies   [GFI]  Gold Fields (0.0)


OUT Forecast + Options Trading Strategies   [OUT]  Outfront Media (0.0)


JWN Forecast + Options Trading Strategies   [JWN]  Nordstrom (0.0)


ISRA Forecast + Options Trading Strategies   [ISRA]  VanEck ETF Trust - VanEck Israel (-0.01)


MS Forecast + Options Trading Strategies   [MS]  Morgan Stanley (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against KWEB



EVER Forecast + Options Trading Strategies   [EVER]  EverQuote (-0.64)


WING Forecast + Options Trading Strategies   [WING]  Wingstop (-0.65)


ESTC Forecast + Options Trading Strategies   [ESTC]  Elastic (-0.67)


IDT Forecast + Options Trading Strategies   [IDT]  IDT Corp. - (-0.67)


YANG Forecast + Options Trading Strategies   [YANG]  Direxion Daily FTSE China Bear 3X Shares (-0.89)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!