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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Asia 50 ADR Index (CME:BKTAS)

Long-Term Uptrend (+90) - BKTAS is in a strong uptrend that is likely to continue. While BKTAS 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 BKTAS?

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

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

CME_BKTAS
Open High Low BKTAS Price Change
1940.03 1953.72 1939.15 1945.22 -5.83
Entry Signal

MarketClub’s Trade Triangles for BKTAS

long term up The long-term trend has been UP since Dec 1st, 2023 at 1676.57

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 1916.41

short term up The short-term trend has been UP since May 10th, 2024 at 1907.56

Smart Scan Analysis for BKTAS

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

+90
Smart Scan Analysis for BKTAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1940.03 1953.72 1939.15 1945.22 -5.83
Prev. Close Volume Bid Ask Time
1945.22 0 2024-05-16 16:19:32
52wk High1779.3152wk High Date2018-01-26
52wk Low1328.9552wk Low Date2018-10-29
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