Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Developed Markets 100 ADR Total Return Index (CME:BKTDMT)
Countertrend Up (+85) - BKTDMT 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 BKTDMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKTDMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BKTDMT
The long-term trend has been UP since Nov 22nd, 2022 at 2011.67
The intermediate-term trend has been UP since May 6th, 2024 at 2738.55
The short-term trend has been UP since Apr 26th, 2024 at 2702.20
Smart Scan Analysis for BKTDMT
Based on our trend formula, BKTDMT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2775.68 | 2775.68 | 2775.68 | 2775.68 | +8.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2820.85 | 0 | 2024-05-07 17:06:49 |
| 52wk High | 1975.82 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1647.6 | 52wk Low Date | 2018-10-24 |