Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Asia Classic ADR Total Return Index (CME:BKCAST)

Countertrend Up (+85) - BKCAST is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_BKCAST
Open High Low BKCAST Price Change
2666.83 2666.83 2666.83 2666.83 -26.01
Entry Signal

MarketClub’s Trade Triangles for BKCAST

long term up The long-term trend has been UP since Dec 14th, 2023 at 2404.05

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 2581.48

short term up The short-term trend has been UP since May 6th, 2024 at 2581.48

Smart Scan Analysis for BKCAST

Based on our trend formula, BKCAST is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for BKCAST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2666.83 2666.83 2666.83 2666.83 -26.01
Prev. Close Volume Bid Ask Time
2730.48 0 2024-05-07 17:06:49
52wk High2459.5452wk High Date2018-01-26
52wk Low1923.352wk Low Date2018-10-29
Get a free daily analysis and signals for BNY Mellon Asia Classic ADR Total Return Index (BKCAST) - Request Your Free Report.