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Index Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

BNY Mellon Asia Classic ADR Index (CME:BKCAS)

Long-Term Downtrend (-90) - BKCAS is in a strong downtrend that is likely to continue. While BKCAS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BKCAS?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKCAS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKCAS
Open High Low BKCAS Price Change
1795.85 1802.53 1795.85 1800.77 +10.33
Entry Signal

MarketClub’s Trade Triangles for BKCAS

long term down The long-term trend has been DOWN since Aug 16th, 2023 at 1824.04

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 1888.93

short term down The short-term trend has been DOWN since Sep 20th, 2023 at 1848.53

Smart Scan Analysis for BKCAS

Based on our trend formula, BKCAS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BKCAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1795.85 1802.53 1795.85 1800.77 +10.33
Prev. Close Volume Bid Ask Time
1790.44 0 2023-09-27 10:36:47
52wk High2121.2952wk High Date2018-01-26
52wk Low1624.3752wk Low Date2018-10-29
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