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Index Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

BNY Mellon Basic Materials Classic ADR Total Return Index (CME:BKCBMT)

Crossroads (-60) - BKCBMT 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 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.

CME_BKCBMT
Open High Low BKCBMT Price Change
2528.3 2528.3 2528.3 2528.3 -10.0
Entry Signal

MarketClub’s Trade Triangles for BKCBMT

long term down The long-term trend has been DOWN since Jun 17th, 2024 at 2500.83

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 2498.61

short term up The short-term trend has been UP since Jul 8th, 2024 at 2498.61

Smart Scan Analysis for BKCBMT

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

-60
Smart Scan Analysis for BKCBMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2528.3 2528.3 2528.3 2528.3 -10.0
Prev. Close Volume Bid Ask Time
2486.6 0 2024-07-09 17:15:45
52wk High2120.2252wk High Date2018-01-26
52wk Low1615.2752wk Low Date2018-11-27
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