Index Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
BNY Mellon ADR Index (CME:BKADR)
Bull Market Weakness (+75) - BKADR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BKADR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BKADR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKADR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKADR
The long-term trend has been UP since Jul 9th, 2020 at 134.36
The intermediate-term trend has been UP since Nov 6th, 2020 at 140.86
The short-term trend has been DOWN since Nov 30th, 2020 at 149.88
Smart Scan Analysis for BKADR
Based on our trend formula, BKADR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||166.55||52wk High Date||2018-01-26|
|52wk Low||131.24||52wk Low Date||2018-10-29|