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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Asia DR Total Return Index (CME:BKDAST)

Countertrend Up (+85) - BKDAST 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 BKDAST?

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

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

CME_BKDAST
Open High Low BKDAST Price Change
2473.27 2473.27 2473.27 2473.27 -19.33
Entry Signal

MarketClub’s Trade Triangles for BKDAST

long term up The long-term trend has been UP since Nov 28th, 2023 at 2143.12

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 2415.77

short term up The short-term trend has been UP since May 6th, 2024 at 2412.69

Smart Scan Analysis for BKDAST

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

+80
Smart Scan Analysis for BKDAST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2473.27 2473.27 2473.27 2473.27 -19.33
Prev. Close Volume Bid Ask Time
2527.53 0 2024-05-07 17:06:49
52wk High2022.4752wk High Date2018-01-26
52wk Low1556.352wk Low Date2018-10-29
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