$KRE – Regional Banks base is hard to ignore. pic.twitter.com/p5wJPvO2fq — Larry Thompson (@HostileCharts) December 4, 2023 Today’s Chart of the Day was shared by Larry Thompson (@HostileCharts). The Regional Bank ETF ($KRE) rose +1.39% to a three-month high today while the broader market was down. Regional Banks have been dragging on the Russell 2000 […]
Chart of the Day – Monday, July 17, 2023
pic.twitter.com/VcGpXJYGB9 — Peter Brandt (@PeterLBrandt) July 17, 2023 Today’s Chart of the Day was shared by Peter Brandt (@PeterLBrandt). Peter points out that the Regional Bank ETF ($KRE) is carving out a potential bottom after forming an inverted head & shoulders pattern over the past four months. Price is testing the neckline around $45 as […]
Chart of the Day – Tuesday, May 2, 2023
Tough day for banks. The Regional Bank ETF $KRE resolved lower from a bearish pennant and hit its lowest level since Nov 2020. pic.twitter.com/QFhbRL1gxM — Alfonso (@AlfCharts) May 2, 2023 Today’s Chart of the Day was shared by Alphonso Depablos (@AlfCharts). The Regional Bank ETF ($KRE) made another flush lower today, dropping 6.27%. All 145 bank […]
Chart of the Day – Tuesday, April 25th, 2023
Uh oh! Regional banks have been the epicenter of the latest crisis. Need to monitor this. Should they break down, it could signal another risk-off episode.$KRX $KRE pic.twitter.com/wX8Lcaji1U — Cam Hui, CFA (@humblestudent@toot.community) (@HumbleStudent) April 25, 2023 Today’s Chart of the Day was shared by Cam Hui (@HumbleStudent). The Regional Bank Index ($KRX) closed at […]
Chart of the Day – Thursday, March 16th, 2023
Bank plunge does not appear to equal a #stockmarketcrash at this time. pic.twitter.com/eyXi3Z0XAZ — Abigail Doolittle (@TheChartress) March 16, 2023 Today’s Chart of the Day was shared by Abigail Doolittle (@TheChartress). The chart compares the year-to-date performance of the S&P 500 (white), Nasdaq (teal), Financial Sector (yellow), and the Bank Index (purple). Abigail points out […]