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Index Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

KBW Nasdaq Global Bank Net Total Return Index (NASDAQ:GBKXN)

Bull Market Weakness (+75) - GBKXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBKXN as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBKXN?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBKXN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_GBKXN
Open High Low GBKXN Price Change
1507.04 1509.82 1500.13 1501.33 -15.74
Entry Signal

MarketClub’s Trade Triangles for GBKXN

long term up The long-term trend has been UP since Nov 30th, 2023 at 1170.75

intermediate term up The intermediate-term trend has been UP since Jul 1st, 2024 at 1463.89

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 1500.17

Smart Scan Analysis for GBKXN

Based on our trend formula, GBKXN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBKXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1507.04 1509.82 1500.13 1501.33 -15.74
Prev. Close Volume Bid Ask Time
1501.33 0 2024-07-19 17:06:00
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