Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
KBW Nasdaq Global Bank Net Total Return Index (NASDAQ:GBKXN)
Countertrend Up (+85) - GBKXN 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 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.
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MarketClub’s Trade Triangles for GBKXN
The long-term trend has been UP since Aug 27th, 2024 at 1535.03
The intermediate-term trend has been UP since Sep 20th, 2024 at 1537.50
The short-term trend has been DOWN since Oct 22nd, 2024 at 1595.39
Smart Scan Analysis for GBKXN
Based on our trend formula, GBKXN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1599.92 | 1600.01 | 1599.14 | 1599.61 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1597.64 | 0 | 2024-10-22 23:38:00 |