Index Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
BNY Mellon Germany Classic ADR Index (CME:BKCDE)
Crossroads (-60) - BKCDE 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 BKCDE?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCDE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKCDE
The long-term trend has been UP since Jun 3rd, 2020 at 1394.84
The intermediate-term trend has been DOWN since Oct 26th, 2020 at 1460.64
The short-term trend has been DOWN since Oct 13th, 2020 at 1510.31
Smart Scan Analysis for BKCDE
Based on our trend formula, BKCDE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1874.52||52wk High Date||2018-01-24|
|52wk Low||1353.19||52wk Low Date||2018-11-20|