Index Trend Analysis Report
Prepared for you on Wednesday, February 19, 2020.
KBW NASDAQ FINANCIAL TECHNOLOGY INDEX (NASDAQ:KFTX)
Long-Term Uptrend (+90) - KFTX is in a strong uptrend that is likely to continue. While KFTX 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 KFTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for KFTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KFTX
The long-term trend has been UP since Nov 20th, 2019 at 1921.14
The intermediate-term trend has been UP since Oct 28th, 2019 at 1834.41
The short-term trend has been UP since Feb 11th, 2020 at 2079.08
Smart Scan Analysis for KFTX
Based on our trend formula, KFTX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1726.59||52wk High Date||2018-09-04|
|52wk Low||1329.89||52wk Low Date||2017-12-01|