Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
BNY MELLON RUSSIA ADR INDEX (CME:BKRU)
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.
MarketClub’s Trade Triangles for BKRU
The long term trend has been DOWN since Apr 9th, 2018 at 410.39
The intermediate term trend has been UP since Nov 7th, 2018 at 333.63
The short term trend has been DOWN since Nov 19th, 2018 at 320.31
Smart Scan Analysis for BKRU
Based on a pre-defined weighted trend formula for chart analysis, BKRU scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||477.93||52wk High Date||2018-02-21|
|52wk Low||292.19||52wk Low Date||2018-09-11|