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Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
KBW NASDAQ GLOBAL BANK INDEX (NASDAQ:GBKX)
Countertrend Up (+85) - GBKX 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 GBKX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBKX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBKX
The long-term trend has been UP since Sep 20th, 2024 at 1162.75
The intermediate-term trend has been UP since Sep 20th, 2024 at 1160.92
The short-term trend has been DOWN since Oct 22nd, 2024 at 1201.18
Smart Scan Analysis for GBKX
Based on our trend formula, GBKX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1204.59 | 1204.66 | 1204.01 | 1204.51 | +0.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1202.88 | 0 | 2024-10-22 23:39:21 |
| 52wk High | 1136.59 | 52wk High Date | 2018-01-29 |
| 52wk Low | 791.46 | 52wk Low Date | 2018-10-26 |