Index Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
Invesco KBW Bank ETF (GIF:KBWB)
Countertrend Up (+85) - KBWB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid KBWB?
MarketClub looks at technical strength and momentum to determine if the timing is right for KBWB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KBWB
The long-term trend has been UP since Feb 16th, 2021 at 57.156
The intermediate-term trend has been UP since Feb 16th, 2021 at 56.307
The short-term trend has been DOWN since Apr 14th, 2021 at 62.431
Smart Scan Analysis for KBWB
Based on our trend formula, KBWB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).