Index Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
BNY Mellon Germany Classic ADR Index (CME:BKCDE)
Countertrend Down (-85) - BKCDE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jul 19th, 2021 at 1730.65
The intermediate-term trend has been DOWN since Jun 17th, 2021 at 1812.40
The short-term trend has been UP since Jul 22nd, 2021 at 1759.68
Smart Scan Analysis for BKCDE
Based on our trend formula, BKCDE is rated as a -85 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|