Bank stocks seem poised for a breakout, according to the charts

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Markets,Personal Finance,SPDR S&P Regional Banking ETF

Frank Cappelleri breaks down the charts of two popular bank ETFs.

Bank stocks have been in comeback mode since making a key low post the regional bank crisis in 2023. Some have come all the way back , but most are still well off the highs from the last few years. A new breakout could be on the horizon, according to the charts. Let's break it down. Two of the most popular bank ETFs are the SPDR S & P Regional Banking ETF and the SPDR S & P Bank ETF . While their charts are similar, they are not identical, which we'll review in detail below.

Click here for the full disclaimer.This sector ETF that won big in April is set to outperform again after a pause, according to the charts

 

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