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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Australia ADR Index (CME:BKAU)

Crossroads (+60) - BKAU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BKAU?

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

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

CME_BKAU
Open High Low BKAU Price Change
302.97 308.22 301.81 304.67 +3.65
Entry Signal

MarketClub’s Trade Triangles for BKAU

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 289.74

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 299.42

short term up The short-term trend has been UP since May 3rd, 2024 at 286.25

Smart Scan Analysis for BKAU

Based on our trend formula, BKAU is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BKAU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
302.97 308.22 301.81 304.67 +3.65
Prev. Close Volume Bid Ask Time
304.67 0 2024-05-16 16:19:33
52wk High298.6652wk High Date2018-01-29
52wk Low237.352wk Low Date2018-10-26
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