Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Belgium Classic ADR Total Return Index (CME:BKCBETR)

Countertrend Up (+85) - BKCBETR 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 BKCBETR?

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

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

CME_BKCBETR
Open High Low BKCBETR Price Change
2538.36 2538.36 2538.36 2538.36 +28.24
Entry Signal

MarketClub’s Trade Triangles for BKCBETR

long term up The long-term trend has been UP since Dec 8th, 2023 at 2403.63

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 2473.70

short term up The short-term trend has been UP since Apr 26th, 2024 at 2428.34

Smart Scan Analysis for BKCBETR

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

+80
Smart Scan Analysis for BKCBETR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2538.36 2538.36 2538.36 2538.36 +28.24
Prev. Close Volume Bid Ask Time
2608.59 0 2024-05-07 17:06:49
52wk High3568.8152wk High Date2018-01-26
52wk Low2531.3252wk Low Date2018-10-26
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