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.
MarketClub’s Trade Triangles for BKCN
The long-term trend has been DOWN since Mar 26th, 2021 at 713.06
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 839.25
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).
|52wk High||696.45||52wk High Date||2018-01-26|
|52wk Low||468.64||52wk Low Date||2018-10-29|