KBE Stock SPDR® S&P Bank ETF (KBE, $44.51) entered Downtrend as Momentum indicator drops below 0 level on Jun 13, 2024

A.I.dvisor
at Tickeron.com
06/14/24
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KBE - SPDR® S&P Bank ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $44.51
Daily change: -$0.53 (-1.18%)
Daily volume: 1.4M
Net Assets: $1.3B
This indicator may be signaling that KBE's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 84 similar cases where KBE's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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General Information

Category Financial

Profile
Fundamentals
Details
Category
Financial
Address
SPDR Series TrustOne Lincoln Street Cph0326Boston
Phone
N/A
Web
www.spdrs.com