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Index Trend Analysis Report

Prepared for you on Saturday, January 25, 2025.

BNY Mellon Basic Materials Classic ADR Index (CME:BKCBM)

Crossroads (+60) - BKCBM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_BKCBM
Open High Low BKCBM Price Change
1445.53 1448.85 1440.22 1441.73 +13.11
Entry Signal

MarketClub’s Trade Triangles for BKCBM

long term down The long-term trend has been DOWN since Nov 12th, 2024 at 1475.76

intermediate term up The intermediate-term trend has been UP since Jan 15th, 2025 at 1395.89

short term up The short-term trend has been UP since Jan 14th, 2025 at 1382.69

Smart Scan Analysis for BKCBM

Based on our trend formula, BKCBM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BKCBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1445.53 1448.85 1440.22 1441.73 +13.11
Prev. Close Volume Bid Ask Time
1441.73 0 2025-01-24 16:19:48
52wk High1739.1252wk High Date2018-01-29
52wk Low1279.8452wk Low Date2018-11-27
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