Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
BNY Mellon Developed Markets Classic ADR Index (CME:BKCDM)
Sidelines Mode (-55) - BKCDM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BKCDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCDM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BKCDM
The long-term trend has been UP since Dec 1st, 2023 at 1725.26
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 1876.87
The short-term trend has been UP since Apr 22nd, 2024 at 1828.91
Smart Scan Analysis for BKCDM
Based on our trend formula, BKCDM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1818.66 | 1840.13 | 1817.72 | 1834.89 | +21.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1834.89 | 0 | 2024-04-22 16:20:03 |
| 52wk High | 1724.17 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1386.15 | 52wk Low Date | 2018-10-26 |