Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
BNY Mellon Australia ADR Index (CME:BKAU)
Bull Market Weakness (+75) - BKAU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BKAU as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BKAU?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKAU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKAU
The long-term trend has been DOWN since Feb 24th, 2020 at 253.49
The intermediate-term trend has been UP since Apr 6th, 2020 at 177.57
The short-term trend has been UP since May 15th, 2020 at 185.81
Smart Scan Analysis for BKAU
Based on our trend formula, BKAU is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||298.66||52wk High Date||2018-01-29|
|52wk Low||237.3||52wk Low Date||2018-10-26|