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Index Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
BNY Mellon Developed Markets Classic ADR Index (CME:BKCDM)
Crossroads (-60) - BKCDM 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 BKCDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCDM.
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 BKCDM
The long-term trend has been UP since Nov 30th, 2022 at 1583.86
The intermediate-term trend has been DOWN since May 23rd, 2023 at 1728.60
The short-term trend has been DOWN since May 23rd, 2023 at 1733.07
Smart Scan Analysis for BKCDM
Based on our trend formula, BKCDM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1702.37 | 1714.63 | 1702.37 | 1713.30 | +15.22 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1713.30 | 0 | 2023-05-26 16:20:03 |
| 52wk High | 1724.17 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1386.15 | 52wk Low Date | 2018-10-26 |