Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
BNY Mellon Brazil ADR Total Return Index (CME:BKBRT)
Bull Market Weakness (+75) - BKBRT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BKBRT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BKBRT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKBRT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKBRT
The long-term trend has been DOWN since Mar 2nd, 2021 at 409.49
The intermediate-term trend has been UP since Apr 7th, 2021 at 453.48
The short-term trend has been UP since Apr 14th, 2021 at 453.59
Smart Scan Analysis for BKBRT
Based on our trend formula, BKBRT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||605.9||52wk High Date||2018-02-27|
|52wk Low||405.93||52wk Low Date||2018-09-05|