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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Developed Markets ADR Index (CME:BKDM)

Long-Term Uptrend (+90) - BKDM is in a strong uptrend that is likely to continue. While BKDM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_BKDM
Open High Low BKDM Price Change
141.10 141.23 140.51 140.51 -1.45
Entry Signal

MarketClub’s Trade Triangles for BKDM

long term up The long-term trend has been UP since Nov 24th, 2023 at 123.29

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 137.44

short term up The short-term trend has been UP since May 6th, 2024 at 137.42

Smart Scan Analysis for BKDM

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

+90
Smart Scan Analysis for BKDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
141.10 141.23 140.51 140.51 -1.45
Prev. Close Volume Bid Ask Time
140.51 0 2024-05-16 16:19:33
52wk High120.3152wk High Date2018-01-25
52wk Low96.4852wk Low Date2018-10-26
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