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Technical Tuesday: Comparing Technical Signals for the US Banking Sector

Oct 23, 2018

The Data Daily: Where the charts tell the story

In this week's Technical Tuesday, we look at a comparison of technical signals for the US Banking Sector.

 

On the graphs below, you can see SPDR S&P Bank ETF (KBE), SPDR S&P Regional Banking ETF (KRE), JP Morgan (JPM), Bank of America (BAC), Wells Fargo (WFC) and Goldman Sachs (GS) have all hit oversold levels according to the 14-day RSI technical indicator.

 

Banking Sector - SPDR S&P Bank ETF (KBE)

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Regional Banks - SPDR S&P Regional Banking ETF (KRE)

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JP Morgan (JPM) - Rated 'Neutral' in US Large-Cap Global Top Stock Ideas

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Goldman Sachs (GS) - Rated 'Neutral' in US Large-Cap Global Top Stock Ideas

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Bank of America (BAC) - Rated 'Neutral' in US Large-Cap Global Top Stock Ideas

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Wells Fargo (WFC) - Rated 'Neutral' in US Large-Cap Global Top Stock Ideas

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