Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
KBW Nasdaq Global Bank Total Return Index (NASDAQ:GBKXT)
Bull Market Weakness (+75) - GBKXT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBKXT as it may be in the beginning stages of a reversal.
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 30th, 2023 at 1241.22
The intermediate-term trend has been UP since Jul 1st, 2024 at 1561.75
The short-term trend has been DOWN since Jul 25th, 2024 at 1602.82
Smart Scan Analysis for GBKXT
Based on our trend formula, GBKXT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1605.46 | 1616.44 | 1601.59 | 1610.89 | +5.96 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1604.93 | 0 | 2024-07-26 17:13:00 |