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Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
KBW Nasdaq Global Bank Total Return Index (NASDAQ:GBKXT)
Long-Term Uptrend (+90) - GBKXT is in a strong uptrend that is likely to continue. While GBKXT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for GBKXT
The long-term trend has been UP since Nov 9th, 2020 at 823.42
The intermediate-term trend has been UP since Apr 28th, 2021 at 1104.71
The short-term trend has been UP since May 6th, 2021 at 1125.91
Smart Scan Analysis for GBKXT
Based on our trend formula, GBKXT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1142.17 | 1153.74 | 1138.13 | 1147.45 | +2.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1145.24 | 0 | 2021-05-12 13:20:00 |