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Index Trend Analysis Report

Prepared for you on Friday, May 20, 2022.

BNY Mellon Composite Depositary Receipt Index (CME:BKCDRI)

Bear Market Rally (-75) - BKCDRI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BKCDRI as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BKCDRI?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKCDRI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKCDRI
Open High Low BKCDRI Price Change
1801.39 1820.93 1791.36 1812.98 +11.59
Entry Signal

MarketClub’s Trade Triangles for BKCDRI

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 2142.77

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2022 at 1949.15

short term up The short-term trend has been UP since May 13th, 2022 at 1780.38

Smart Scan Analysis for BKCDRI

Based on our trend formula, BKCDRI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BKCDRI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1801.39 1820.93 1791.36 1812.98 +11.59
Prev. Close Volume Bid Ask Time
1801.39 0 2022-05-20 16:20:03
52wk High2064.8552wk High Date2018-01-29
52wk Low1620.4452wk Low Date2018-10-29
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