(KARS) KraneShares Electric - Ratings and Ratios

KraneShares Electric Vehicles and Future Mobility Index ETF (NYSE ARCA: KARS) is a passively managed exchange-traded fund designed to provide exposure to companies involved in the production of electric vehicles (EVs) and related technologies. The fund invests at least 80% of its net assets in securities from its underlying index or in instruments with similar economic characteristics. The index is tailored to capture the performance of firms engaged in EV manufacturing, EV components, and other mobility solutions that are shaping the future of transportation.

The ETF focuses on companies across the EV value chain, including battery manufacturers, autonomous driving technologies, and EV infrastructure providers. By tracking the performance of these firms, KARS offers investors a way to gain exposure to the growing electric vehicle and mobility sector. The fund is listed on the NYSE ARCA and is categorized under the Industrials sector.

Based on the provided technical and fundamental data, here is a 3-month forecast:

Over the next three months, KARS is expected to trade in a range between $21.50 and $22.50, supported by its 200-day SMA of $20.92 and recent price action hovering around $22.09. The low ATR of 0.49 suggests limited volatility, with potential upside driven by continued growth in the EV sector. Average daily volume of 14,579 shares indicates moderate liquidity, which may influence price movements in response to sector-specific news or broader market trends.