Index Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
BNY Mellon China Classic ADR Index (CME:BKCCN)
Long-Term Downtrend (-90) - BKCCN is in a strong downtrend that is likely to continue. While BKCCN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BKCCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKCCN
The long-term trend has been DOWN since May 10th, 2021 at 3210.21
The intermediate-term trend has been DOWN since Apr 18th, 2022 at 1927.46
The short-term trend has been DOWN since May 24th, 2022 at 1810.06
Smart Scan Analysis for BKCCN
Based on our trend formula, BKCCN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3124.08||52wk High Date||2018-01-26|
|52wk Low||2010.83||52wk Low Date||2018-10-29|