Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

BNY MELLON EUROPEAN TELECOM ADR INDEX (CME:BKETL)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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.

CME_BKETL
Open High Low BKETL Price Change
44.78 44.88 43.96 44.05 -2.16
Entry Signal

MarketClub’s Trade Triangles for BKETL

long term down The long term trend has been DOWN since Feb 8th, 2018 at 52.98

intermediate term up The intermediate term trend has been UP since Nov 1st, 2018 at 43.79

short term down The short term trend has been DOWN since Dec 4th, 2018 at 46.03

Smart Scan Analysis for BKETL

Based on a pre-defined weighted trend formula for chart analysis, BKETL scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for BKETL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.78 44.88 43.96 44.05 -2.16
Prev. Close Volume Bid Ask Time
46.21 0 2018-12-11 16:19:48
52wk High59.4352wk High Date2018-01-25
52wk Low40.652wk Low Date2018-10-26
Want to analyze BNY MELLON EUROPEAN TELECOM ADR INDEX BKETL or another symbol? Try our Free Index Trend Analysis Report.