Free KBW Nasdaq Global Bank Index (GBKX) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
20 Nov / Daily
Category/Currency
Indexes/USD
Exchange/Country
NIM/--

KBW Nasdaq Global Bank Index (GBKX) signal with technical analysis on 20 Nov

On 20 Nov, we conducted a comprehensive technical analysis of KBW Nasdaq Global Bank Index (GBKX), considering 256 signals with intricate details. Here are the key findings: 127 signals suggested buy strategies, while 41 indicated sell strategies. The remaining 88 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 32
Sell Signals: 11
Neutral Signals: 21
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 27
Sell Signals: 12
Neutral Signals: 25
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 30
Sell Signals: 12
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 38
Sell Signals: 6
Neutral Signals: 20
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 127
Sell Signals: 41
Neutral Signals: 88
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your KBW Nasdaq Global Bank Index (GBKX) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for KBW Nasdaq Global Bank Index (GBKX) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

KBW Nasdaq Global Bank Index (GBKX) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

KBW Nasdaq Global Bank Index (GBKX) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of -100%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **KBW Nasdaq Global Bank Index (GBKX)** holdings.

KBW Nasdaq Global Bank Index (GBKX) Price Analysis and Resistance Levels:

Given our current long position in KBW Nasdaq Global Bank Index (GBKX), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (0): The primary hurdle is the 0 price level. If the prevailing trend remains unchanged, KBW Nasdaq Global Bank Index (GBKX) could break above this level, indicating its strength and potential for further growth.

It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading KBW Nasdaq Global Bank Index (GBKX), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

KBW Nasdaq Global Bank Index (GBKX) technical analysis chart

KBW Nasdaq Global Bank Index (GBKX) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance -- -- -- -- --
Support 1162.75 1154.26 924.94 821.63 --
 KBW Nasdaq Global Bank Index (GBKX) Support and Resistance area (20 Nov)

KBW Nasdaq Global Bank Index (GBKX) signals list for 20 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

KBW Nasdaq Global Bank Index (GBKX) candlestick patterns on 20 Nov

Today's KBW Nasdaq Global Bank Index (GBKX) Candle Patterns List:

Engulfing Pattern

KBW Nasdaq Global Bank Index (GBKX) technical analysis over the past days

# Date Overal Signals ALL Signals
1 19 Nov Hold HoldHoldHoldHold
2 18 Nov Buy BuyHoldHoldHold
3 15 Nov Buy NeutralNeutralHoldHold
4 14 Nov Neutral HoldNeutralHoldHold
5 13 Nov Sell SellHoldHoldHold
6 12 Nov Hold NeutralHoldHoldHold
7 11 Nov Hold HoldHoldHoldHold
8 08 Nov Hold HoldHoldHoldHold
9 07 Nov Hold HoldHoldHoldHold
10 06 Nov Hold HoldHoldHoldHold
11 05 Nov Buy HoldHoldHoldBuy
12 04 Nov Hold HoldHoldHoldNeutral
13 01 Nov Buy BuyNeutralBuyHold
14 31 Oct Sell SellNeutralNeutralHold
15 30 Oct Hold NeutralNeutralHoldHold
16 29 Oct Buy BuyBuyHoldHold
17 28 Oct Buy NeutralNeutralBuyHold
18 25 Oct Sell SellNeutralNeutralHold
19 24 Oct Buy NeutralNeutralHoldHold
20 23 Oct Sell SellHoldHoldHold
21 22 Oct Hold NeutralHoldHoldHold
22 21 Oct Hold NeutralHoldHoldHold
23 18 Oct Hold HoldHoldHoldHold
24 17 Oct Hold HoldHoldHoldHold
25 16 Oct Hold HoldHoldHoldHold
26 15 Oct Hold HoldHoldHoldHold
27 14 Oct Hold HoldHoldHoldHold
28 11 Oct Buy BuyHoldHoldHold
29 10 Oct Buy NeutralBuyBuyHold
30 09 Oct Neutral NeutralNeutralNeutralHold

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