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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

BNY Mellon Composite Depositary Receipt Index (CME:BKCDRI)

Sidelines Mode (-55) - BKCDRI 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 BKCDRI?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKCDRI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKCDRI
Open High Low BKCDRI Price Change
2082.82 2082.92 2055.72 2068.43 -14.39
Entry Signal

MarketClub’s Trade Triangles for BKCDRI

long term up The long-term trend has been UP since Dec 1st, 2023 at 1941.49

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 2099.79

short term up The short-term trend has been UP since Apr 22nd, 2024 at 2054.47

Smart Scan Analysis for BKCDRI

Based on our trend formula, BKCDRI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BKCDRI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2082.82 2082.92 2055.72 2068.43 -14.39
Prev. Close Volume Bid Ask Time
2082.82 0 2024-04-25 11:52:18
52wk High2064.8552wk High Date2018-01-29
52wk Low1620.4452wk Low Date2018-10-29
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