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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Argentina ADR Index (CME:BKAR)

Long-Term Uptrend (+90) - BKAR is in a strong uptrend that is likely to continue. While BKAR 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 BKAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKAR
Open High Low BKAR Price Change
270.98 270.98 263.88 267.09 -3.17
Entry Signal

MarketClub’s Trade Triangles for BKAR

long term up The long-term trend has been UP since Nov 24th, 2023 at 166.25

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2024 at 177.87

short term up The short-term trend has been UP since May 15th, 2024 at 269.28

Smart Scan Analysis for BKAR

Based on our trend formula, BKAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BKAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
270.98 270.98 263.88 267.09 -3.17
Prev. Close Volume Bid Ask Time
267.09 0 2024-05-16 16:19:33
52wk High462.3452wk High Date2018-01-18
52wk Low158.552wk Low Date2018-08-30
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