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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
BNY Mellon China Select ADR Index (CME:BKTCN)
Sidelines Mode (-55) - BKTCN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BKTCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKTCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BKTCN
The long-term trend has been DOWN since Oct 19th, 2023 at 3390.62
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 3341.87
The short-term trend has been UP since Apr 22nd, 2024 at 3275.69
Smart Scan Analysis for BKTCN
Based on our trend formula, BKTCN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3426.85 | 3459.81 | 3399.50 | 3427.24 | +29.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3397.94 | 0 | 2024-04-24 16:20:01 |
| 52wk High | 6834.28 | 52wk High Date | 2018-01-26 |
| 52wk Low | 4574.33 | 52wk Low Date | 2018-10-29 |