Index Trend Analysis Report
Prepared for you on Friday, September 24, 2021.
BNY Mellon Denmark Classic ADR Index (CME:BKCDK)
Sidelines Mode (+55) - BKCDK 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 BKCDK?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCDK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKCDK
The long-term trend has been UP since Apr 27th, 2021 at 5411.25
The intermediate-term trend has been DOWN since Sep 9th, 2021 at 6222.79
The short-term trend has been UP since Sep 22nd, 2021 at 6233.09
Smart Scan Analysis for BKCDK
Based on our trend formula, BKCDK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3765.4||52wk High Date||2018-01-24|
|52wk Low||2823.11||52wk Low Date||2018-10-26|