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Index Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

BNY Mellon Australia Classic ADR Index (CME:BKCAU)

Countertrend Down (-85) - BKCAU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

CME_BKCAU
Open High Low BKCAU Price Change
1941.59 1966.24 1941.59 1959.40 +6.10
Entry Signal

MarketClub’s Trade Triangles for BKCAU

long term down The long-term trend has been DOWN since May 12th, 2022 at 1900.27

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2022 at 2167.95

short term up The short-term trend has been UP since May 16th, 2022 at 1963.84

Smart Scan Analysis for BKCAU

Based on our trend formula, BKCAU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BKCAU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1941.59 1966.24 1941.59 1959.40 +6.10
Prev. Close Volume Bid Ask Time
1953.30 0 2022-05-16 16:19:48
52wk High1886.7552wk High Date2018-01-29
52wk Low1532.7952wk Low Date2018-10-26
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