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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

BNY Mellon Developed Markets Classic ADR Index (CME:BKCDM)

Weak Downtrend (-65) - BKCDM is showing signs of a strengthening downtrend. Monitor BKCDM as it may be building momentum to the downside.

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.

CME_BKCDM
Open High Low BKCDM Price Change
1817.92 1826.15 1815.74 1816.32 -2.34
Entry Signal

MarketClub’s Trade Triangles for BKCDM

long term up The long-term trend has been UP since Dec 1st, 2023 at 1725.26

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 1876.87

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 1878.82

Smart Scan Analysis for BKCDM

Based on our trend formula, BKCDM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BKCDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1817.92 1826.15 1815.74 1816.32 -2.34
Prev. Close Volume Bid Ask Time
1816.32 0 2024-04-18 16:59:36
52wk High1724.1752wk High Date2018-01-26
52wk Low1386.1552wk Low Date2018-10-26
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