Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
BNY Mellon Asia ADR Index (CME:BKAS)
Long-Term Uptrend (+90) - BKAS is in a strong uptrend that is likely to continue. While BKAS 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 BKAS?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKAS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKAS
The long-term trend has been UP since Jun 5th, 2020 at 172.49
The intermediate-term trend has been UP since May 20th, 2020 at 161.26
The short-term trend has been UP since Aug 4th, 2020 at 190.41
Smart Scan Analysis for BKAS
Based on our trend formula, BKAS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||199.1||52wk High Date||2018-01-26|
|52wk Low||149.53||52wk Low Date||2018-10-29|