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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon China ADR Total Return Index (CME:BKCNT)

Countertrend Up (+85) - BKCNT 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 BKCNT?

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

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

CME_BKCNT
Open High Low BKCNT Price Change
530.86 530.86 530.86 530.86 -12.14
Entry Signal

MarketClub’s Trade Triangles for BKCNT

long term up The long-term trend has been UP since May 6th, 2024 at 505.23

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2024 at 495.12

short term up The short-term trend has been UP since Apr 26th, 2024 at 471.79

Smart Scan Analysis for BKCNT

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

+80
Smart Scan Analysis for BKCNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
530.86 530.86 530.86 530.86 -12.14
Prev. Close Volume Bid Ask Time
564.11 0 2024-05-07 17:06:49
52wk High1044.2752wk High Date2018-01-26
52wk Low719.4952wk Low Date2018-10-29
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