Index Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
KBW REGIONAL BANKING INDEX (NASDAQ:KRX)
Weak Downtrend (-65) - KRX is showing signs of a strengthening downtrend. Monitor KRX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid KRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRX
The long-term trend has been DOWN since Feb 24th, 2020 at 100.652
The intermediate-term trend has been UP since Jul 23rd, 2020 at 72.476
The short-term trend has been DOWN since Jul 27th, 2020 at 69.534
Smart Scan Analysis for KRX
Based on our trend formula, KRX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||122.79||52wk High Date||2018-06-07|
|52wk Low||94.48||52wk Low Date||2018-10-24|