Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
BNY MELLON KIT DR INDEX (CME:BKDKIT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BKDKIT
The long term trend has been UP since Sep 4th, 2018 at 2383.05
The intermediate term trend has been UP since Aug 28th, 2018 at 2328.31
The short term trend has been DOWN since Sep 18th, 2018 at 2245.40
Smart Scan Analysis for BKDKIT
Based on a pre-defined weighted trend formula for chart analysis, BKDKIT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2586.94||52wk High Date||2018-01-29|
|52wk Low||2143.67||52wk Low Date||2018-06-28|