As the accompanying chart shows, the panic selling in KRE looks exhausted at current levels, with the sell-off stopping just short of penetrating the key Fibonacci retracement level of 78.6% at the close on 3 May.

Source: https://seekingalpha.com/article/4600387-kre-bank-etf-too-much-fear-too-cheap-to-ignore?source=feed_all_articles

KRE is an investment company registered in Ontario, Canada, owned by two Directors of the Company.

Source: https://investingnews.com/canadian-north-resources-inc-receives-additional-3114700-from-private-placement/

The KRE regional bank index is down nearly 7%.

Source: https://www.forexlive.com/news/shares-of-western-alliance-halted-for-news-pending-20230504/

The SPDR Regional Banking ETF (KRE), which tracks a number of small and mid-sized bank stocks, gained 5.8% for the day.

Source: https://krdo.com/money/cnn-business-consumer/2023/03/22/asia-pacific-shares-join-us-gains-as-investors-await-key-fed-decision/