Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
KBW NASDAQ FINANCIAL TECHNOLOGY INDEX (NASDAQ:KFTX)
Countertrend Up (+85) - KFTX 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 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.
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MarketClub’s Trade Triangles for KFTX
The long-term trend has been UP since Dec 1st, 2023 at 2152.54
The intermediate-term trend has been UP since Jul 11th, 2024 at 2509.65
The short-term trend has been DOWN since Jul 19th, 2024 at 2601.18
Smart Scan Analysis for KFTX
Based on our trend formula, KFTX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2616.82 | 2632.99 | 2608.48 | 2625.45 | +37.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2588.27 | 0 | 2024-07-26 17:14:43 |
| 52wk High | 1726.59 | 52wk High Date | 2018-09-04 |
| 52wk Low | 1329.89 | 52wk Low Date | 2017-12-01 |