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Index Trend Analysis Report

Prepared for you on Wednesday, April 21, 2021.

BNY Mellon China ADR Index (CME:BKCN)

Long-Term Downtrend (-90) - BKCN is in a strong downtrend that is likely to continue. While BKCN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BKCN?

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

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

CME_BKCN
Open High Low BKCN Price Change
720.94 727.69 715.70 727.09 +4.64
Entry Signal

MarketClub’s Trade Triangles for BKCN

long term down The long-term trend has been DOWN since Mar 26th, 2021 at 713.06

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 839.25

short term down The short-term trend has been DOWN since Apr 15th, 2021 at 736.54

Smart Scan Analysis for BKCN

Based on our trend formula, BKCN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BKCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
720.94 727.69 715.70 727.09 +4.64
Prev. Close Volume Bid Ask Time
722.45 0 2021-04-21 13:57:18
52wk High696.4552wk High Date2018-01-26
52wk Low468.6452wk Low Date2018-10-29
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