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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Europe Classic ADR Total Return Index (CME:BKCEUT)

Countertrend Up (+85) - BKCEUT 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 BKCEUT?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKCEUT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKCEUT
Open High Low BKCEUT Price Change
2906.35 2906.35 2906.35 2906.35 +21.31
Entry Signal

MarketClub’s Trade Triangles for BKCEUT

long term up The long-term trend has been UP since Dec 8th, 2023 at 2601.15

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 2855.84

short term up The short-term trend has been UP since Apr 26th, 2024 at 2791.60

Smart Scan Analysis for BKCEUT

Based on our trend formula, BKCEUT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for BKCEUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2906.35 2906.35 2906.35 2906.35 +21.31
Prev. Close Volume Bid Ask Time
2990.07 0 2024-05-07 17:06:49
52wk High2202.0152wk High Date2018-01-26
52wk Low1826.1352wk Low Date2018-10-24
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