Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Composite Depositary Receipt Index (CME:BKCDRI)
Long-Term Uptrend (+90) - BKCDRI is in a strong uptrend that is likely to continue. While BKCDRI 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 BKCDRI?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCDRI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for BKCDRI
The long-term trend has been UP since Dec 1st, 2023 at 1941.49
The intermediate-term trend has been UP since May 6th, 2024 at 2125.41
The short-term trend has been UP since May 2nd, 2024 at 2100.97
Smart Scan Analysis for BKCDRI
Based on our trend formula, BKCDRI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2187.50 | 2187.50 | 2186.91 | 2187.07 | -0.43 |
Prev. Close | Volume | Bid | Ask | Time |
2187.50 | 0 | 2024-05-17 06:19:48 |
52wk High | 2064.85 | 52wk High Date | 2018-01-29 |
52wk Low | 1620.44 | 52wk Low Date | 2018-10-29 |