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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

BNY Mellon Utilities Classic ADR Index (CME:BKCUT)

Crossroads (-60) - BKCUT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BKCUT?

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

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

CME_BKCUT
Open High Low BKCUT Price Change
828.58 832.10 827.89 829.53 +4.14
Entry Signal

MarketClub’s Trade Triangles for BKCUT

long term up The long-term trend has been UP since Dec 1st, 2023 at 878.13

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 839.91

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 850.91

Smart Scan Analysis for BKCUT

Based on our trend formula, BKCUT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BKCUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
828.58 832.10 827.89 829.53 +4.14
Prev. Close Volume Bid Ask Time
829.53 0 2024-04-18 16:59:36
52wk High862.2552wk High Date2018-01-17
52wk Low738.5652wk Low Date2018-10-26
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