Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
BNY Mellon Basic Materials Classic ADR Total Return Index (CME:BKCBMT)
Sidelines Mode (-55) - BKCBMT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BKCBMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCBMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BKCBMT
The long-term trend has been UP since Oct 1st, 2024 at 2538.30
The intermediate-term trend has been DOWN since Oct 14th, 2024 at 2685.78
The short-term trend has been UP since Oct 1st, 2024 at 2485.91
Smart Scan Analysis for BKCBMT
Based on our trend formula, BKCBMT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2587.94 | 2587.94 | 2587.94 | 2587.94 | +4.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2478.94 | 0 | 2024-10-14 16:49:35 |
| 52wk High | 2120.22 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1615.27 | 52wk Low Date | 2018-11-27 |