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Index Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

KBW Nasdaq Global Bank Total Return Index (NASDAQ:GBKXT)

Crossroads (-60) - GBKXT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_GBKXT
Open High Low GBKXT Price Change
1526.73 1527.09 1525.92 1526.80 +11.13
Entry Signal

MarketClub’s Trade Triangles for GBKXT

long term up The long-term trend has been UP since Nov 30th, 2023 at 1241.22

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 1547.04

short term down The short-term trend has been DOWN since Jun 5th, 2024 at 1559.83

Smart Scan Analysis for GBKXT

Based on our trend formula, GBKXT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBKXT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1526.73 1527.09 1525.92 1526.80 +11.13
Prev. Close Volume Bid Ask Time
1502.30 0 2024-06-18 23:44:00
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