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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Composite Depositary Receipt Total Return Index (CME:BKCDRIT)
Countertrend Up (+85) - BKCDRIT 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 BKCDRIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCDRIT.
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 BKCDRIT
The long-term trend has been UP since Dec 8th, 2023 at 3360.11
The intermediate-term trend has been UP since May 6th, 2024 at 3663.01
The short-term trend has been UP since Apr 26th, 2024 at 3624.93
Smart Scan Analysis for BKCDRIT
Based on our trend formula, BKCDRIT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3752.67 | 3752.67 | 3752.67 | 3752.67 | +2.65 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3845.30 | 0 | 2024-05-07 17:06:49 |
| 52wk High | 3098.56 | 52wk High Date | 2018-01-26 |
| 52wk Low | 2501.59 | 52wk Low Date | 2018-10-29 |