Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

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.

NASDAQ_GBKXN
Open High Low GBKXN Price Change
1141.05 1144.44 1132.52 1134.00 -6.93
Entry Signal

MarketClub’s Trade Triangles for GBKXN

long term up The long-term trend has been UP since Jul 3rd, 2023 at 1111.32

intermediate term up The intermediate-term trend has been UP since Sep 13th, 2023 at 1137.50

short term down The short-term trend has been DOWN since Sep 22nd, 2023 at 1139.29

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).

+85
Smart Scan Analysis for GBKXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1141.05 1144.44 1132.52 1134.00 -6.93
Prev. Close Volume Bid Ask Time
1134.00 0 2023-09-22 17:12:00
Get a free daily analysis and signals for KBW Nasdaq Global Bank Net Total Return Index (GBKXN) - Request Your Free Report.