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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Brazil ADR Index (CME:BKBR)

Strong Downtrend (-100) - BKBR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BKBR continues to fall. Traders should use caution and set stops.

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

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

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

CME_BKBR
Open High Low BKBR Price Change
208.57 209.09 206.66 207.01 -0.29
Entry Signal

MarketClub’s Trade Triangles for BKBR

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 214.73

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2024 at 205.59

short term down The short-term trend has been DOWN since May 8th, 2024 at 212.42

Smart Scan Analysis for BKBR

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

-100
Smart Scan Analysis for BKBR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
208.57 209.09 206.66 207.01 -0.29
Prev. Close Volume Bid Ask Time
207.01 0 2024-05-16 16:19:31
52wk High303.1252wk High Date2018-02-27
52wk Low199.8552wk Low Date2018-09-05
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