KRE ETF Shows Buy Case With 11x P/E, 2.24% Yield

KRE ETF trades at 11x P/E and 0.98x PEG with 2.24% yield. It has a rising 200-day moving average and symmetrical triangle pattern pointing to a $80 breakout target. Regional banks outperformed S&P 500 as interest rates eased and business confidence improved. The Iran conflict disrupted broader market trends.