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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Emerging Markets Classic ADR Index (CME:BKCEM)
Long-Term Uptrend (+90) - BKCEM is in a strong uptrend that is likely to continue. While BKCEM 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 BKCEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCEM.
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 BKCEM
The long-term trend has been UP since Dec 19th, 2023 at 1610.77
The intermediate-term trend has been UP since Apr 29th, 2024 at 1712.29
The short-term trend has been UP since May 10th, 2024 at 1763.11
Smart Scan Analysis for BKCEM
Based on our trend formula, BKCEM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1829.27 | 1845.95 | 1828.82 | 1841.63 | +12.68 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1841.63 | 0 | 2024-05-16 16:19:33 |
| 52wk High | 2282.93 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1583.96 | 52wk Low Date | 2018-10-29 |