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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Developed Markets Classic ADR Index (CME:BKCDM)
Long-Term Uptrend (+90) - BKCDM is in a strong uptrend that is likely to continue. While BKCDM 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 BKCDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCDM.
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 BKCDM
The long-term trend has been UP since Dec 1st, 2023 at 1725.26
The intermediate-term trend has been UP since May 6th, 2024 at 1875.76
The short-term trend has been UP since May 3rd, 2024 at 1860.55
Smart Scan Analysis for BKCDM
Based on our trend formula, BKCDM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1933.16 | 1933.24 | 1926.21 | 1926.30 | -12.23 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1926.30 | 0 | 2024-05-16 16:19:33 |
| 52wk High | 1724.17 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1386.15 | 52wk Low Date | 2018-10-26 |