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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.

CME_BKCDM
Open High Low BKCDM Price Change
1702.37 1714.63 1702.37 1713.30 +15.22
Entry Signal

MarketClub’s Trade Triangles for BKCDM

long term up The long-term trend has been UP since Nov 30th, 2022 at 1583.86

intermediate term down The intermediate-term trend has been DOWN since May 23rd, 2023 at 1728.60

short term down 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).

-60
Smart Scan Analysis for BKCDM
Strong Downtrend Sideways 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 High1724.1752wk High Date2018-01-26
52wk Low1386.1552wk Low Date2018-10-26
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