Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon ADR Index (CME:BKADR)
Long-Term Uptrend (+90) - BKADR is in a strong uptrend that is likely to continue. While BKADR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BKADR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKADR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BKADR
The long-term trend has been UP since Dec 1st, 2023 at 160.00
The intermediate-term trend has been UP since May 6th, 2024 at 179.31
The short-term trend has been UP since May 3rd, 2024 at 177.85
Smart Scan Analysis for BKADR
Based on our trend formula, BKADR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 184.42 | 184.77 | 183.99 | 183.99 | -1.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 183.99 | 0 | 2024-05-16 16:19:18 |
| 52wk High | 166.55 | 52wk High Date | 2018-01-26 |
| 52wk Low | 131.24 | 52wk Low Date | 2018-10-29 |