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Index Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
KBW NASDAQ FINANCIAL TECHNOLOGY INDEX (NASDAQ:KFTX)
Sidelines Mode (+55) - KFTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Sep 16th, 2024 at 2772.34
The short-term trend has been DOWN since Dec 2nd, 2024 at 3440.65
Smart Scan Analysis for KFTX
Based on our trend formula, KFTX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3369.65 | 3380.45 | 3336.26 | 3338.05 | -31.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3338.05 | 0 | 2024-12-10 17:15:49 |
| 52wk High | 1726.59 | 52wk High Date | 2018-09-04 |
| 52wk Low | 1329.89 | 52wk Low Date | 2017-12-01 |