KEMQ Stock Summary and Trading Ideas (Kraneshares Emerging Markets Consumer Technology ETF | ARCA:KEMQ)

KEMQ seeks to track the Solactive Emerging Markets Consumer Technology Index. The Index selects companies from 26 eligible countries within emerging markets whose primary business or businesses are internet retail, internet software/services, purchase, payment processing, or software for internet and E-Commerce transactions.

Kraneshares Emerging Markets Consumer Technology ETF trades on the ARCA stock market under the symbol KEMQ.

As of April 18, 2024, KEMQ stock price climbed to $14.17 with 1,066 million shares trading.

KEMQ has a market cap of $14.17 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, KEMQ stock traded as high as $34.25 and as low as $11.11.

KEMQ has underperformed the market in the last year with a price return of -5.3% while the SPY ETF gained +22.3%. However, in the short term, KEMQ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +7.7% vs +6.1% return in SPY. But in the last 2 weeks, KEMQ shares have been beat by the market, returning -5.1% compared to an SPY return of -3.8%.

KEMQ support price is $13.92 and resistance is $14.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KEMQ stock will trade within this expected range on the day.