Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
Invesco KBW Regional Banking ETF (GIF:KBWR)
Bull Market Weakness (+75) - KBWR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KBWR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid KBWR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KBWR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KBWR
The long-term trend has been DOWN since Feb 24th, 2020 at 50.304
The intermediate-term trend has been UP since Oct 6th, 2020 at 34.991
The short-term trend has been UP since Oct 20th, 2020 at 35.861
Smart Scan Analysis for KBWR
Based on our trend formula, KBWR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).