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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Asia ADR Index (CME:BKAS)

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

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

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

CME_BKAS
Open High Low BKAS Price Change
214.98 216.47 214.87 215.37 -0.94
Entry Signal

MarketClub’s Trade Triangles for BKAS

long term up The long-term trend has been UP since Dec 1st, 2023 at 183.58

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 210.99

short term up The short-term trend has been UP since May 10th, 2024 at 210.00

Smart Scan Analysis for BKAS

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

+90
Smart Scan Analysis for BKAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
214.98 216.47 214.87 215.37 -0.94
Prev. Close Volume Bid Ask Time
215.37 0 2024-05-16 16:19:33
52wk High199.152wk High Date2018-01-26
52wk Low149.5352wk Low Date2018-10-29
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