Index Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
BNY MELLON KIT DR INDEX (CME:BKDKIT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DOWN since Feb 8th, 2018 at 2333.77
The intermediate term trend has been UP since Mar 12th, 2018 at 2458.63
The short term trend has been DOWN since Mar 16th, 2018 at 2455.00
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||1950.35||52wk Low Date||2017-04-20|