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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Classic ADR Total Return Index (CME:BKCAXT)
Long-Term Uptrend (+90) - BKCAXT is in a strong uptrend that is likely to continue. While BKCAXT 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 BKCAXT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCAXT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BKCAXT
The long-term trend has been UP since Dec 1st, 2023 at 2461.84
The intermediate-term trend has been UP since May 6th, 2024 at 2718.99
The short-term trend has been UP since May 2nd, 2024 at 2685.82
Smart Scan Analysis for BKCAXT
Based on our trend formula, BKCAXT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2818.90 | 2818.90 | 2807.66 | 2807.87 | -9.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2807.87 | 0 | 2024-05-16 16:19:18 |
| 52wk High | 2269.89 | 52wk High Date | 2018-01-29 |
| 52wk Low | 1824.56 | 52wk Low Date | 2018-10-29 |