Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Basic Materials Classic ADR Total Return Index (CME:BKCBMT)
Countertrend Up (+85) - BKCBMT 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 BKCBMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCBMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BKCBMT
The long-term trend has been UP since Nov 14th, 2023 at 2402.87
The intermediate-term trend has been UP since May 6th, 2024 at 2550.36
The short-term trend has been UP since May 6th, 2024 at 2531.76
Smart Scan Analysis for BKCBMT
Based on our trend formula, BKCBMT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2587.41 | 2587.41 | 2587.41 | 2587.41 | +2.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2628.34 | 0 | 2024-05-07 17:06:49 |
| 52wk High | 2120.22 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1615.27 | 52wk Low Date | 2018-11-27 |