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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Classic ADR Index (CME:BKCAX)

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

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

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

CME_BKCAX
Open High Low BKCAX Price Change
1902.48 1905.14 1899.12 1899.27 -7.46
Entry Signal

MarketClub’s Trade Triangles for BKCAX

long term up The long-term trend has been UP since Dec 1st, 2023 at 1686.89

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 1843.70

short term up The short-term trend has been UP since May 2nd, 2024 at 1822.71

Smart Scan Analysis for BKCAX

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

+90
Smart Scan Analysis for BKCAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1902.48 1905.14 1899.12 1899.27 -7.46
Prev. Close Volume Bid Ask Time
1899.27 0 2024-05-16 16:19:33
52wk High1803.8252wk High Date2018-01-26
52wk Low1416.252wk Low Date2018-10-29
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