Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
Nasdaq Bank Total Return (NASDAQ:BANKT)
Bull Market Weakness (+75) - BANKT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BANKT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BANKT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BANKT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BANKT
The long-term trend has been UP since Dec 1st, 2023 at 821.11
The intermediate-term trend has been UP since May 2nd, 2024 at 924.57
The short-term trend has been DOWN since May 20th, 2024 at 952.61
Smart Scan Analysis for BANKT
Based on our trend formula, BANKT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 961.24 | 962.21 | 948.30 | 948.30 | -12.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 960.57 | 0 | 2024-05-20 17:15:00 |