Russell 2000 Poised For Major Technical Breakout: Analyst Eyes 'A Trend Reversal In Favor Of Small Caps Outperforming' S&P 500 - Bank of America ( NYSE:BAC ) , Bank of New York Mellon ( NYSE:BK )
The Russell 2000 Index, a benchmark for small-cap stocks, is on the verge of a significant technical breakout that could push it to levels not seen since late November 2021. On Wednesday, the index is testing a crucial resistance zone around the 2,300-point level, a ceiling last reached on July 31.
| Ticker |
Sentiment |
Impact |
|
C
|
Somewhat Bullish
|
12 %
|
|
BAC
|
Somewhat Bullish
|
12 %
|
|
WFC
|
Somewhat Bullish
|
12 %
|
|
BK
|
Somewhat Bullish
|
12 %
|
|
SCHW
|
Somewhat Bullish
|
12 %
|
|
LPLA
|
Neutral
|
6 %
|
|
GS
|
Somewhat Bullish
|
12 %
|
|
SBNY
|
Somewhat Bearish
|
6 %
|
