Index Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
BNY Mellon Belgium Classic ADR Index (CME:BKCBE)
Long-Term Downtrend (-90) - BKCBE is in a strong downtrend that is likely to continue. While BKCBE 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 BKCBE?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCBE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKCBE
The long-term trend has been DOWN since Sep 9th, 2021 at 2030.01
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 1871.42
The short-term trend has been DOWN since Jun 23rd, 2022 at 1592.33
Smart Scan Analysis for BKCBE
Based on our trend formula, BKCBE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2898.5||52wk High Date||2018-01-26|
|52wk Low||2000.91||52wk Low Date||2018-10-26|