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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Asia Classic ADR Index (CME:BKCAS)

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

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

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

CME_BKCAS
Open High Low BKCAS Price Change
2106.59 2119.56 2106.59 2110.79 -0.70
Entry Signal

MarketClub’s Trade Triangles for BKCAS

long term up The long-term trend has been UP since Dec 14th, 2023 at 1875.36

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 2058.25

short term up The short-term trend has been UP since May 10th, 2024 at 2073.90

Smart Scan Analysis for BKCAS

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

+90
Smart Scan Analysis for BKCAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2106.59 2119.56 2106.59 2110.79 -0.70
Prev. Close Volume Bid Ask Time
2110.79 0 2024-05-16 16:19:32
52wk High2121.2952wk High Date2018-01-26
52wk Low1624.3752wk Low Date2018-10-29
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