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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Financials Classic ADR Index (CME:BKCFN)

Long-Term Uptrend (+90) - BKCFN is in a strong uptrend that is likely to continue. While BKCFN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_BKCFN
Open High Low BKCFN Price Change
1447.87 1454.05 1447.87 1449.51 +2.62
Entry Signal

MarketClub’s Trade Triangles for BKCFN

long term up The long-term trend has been UP since Dec 1st, 2023 at 1257.66

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 1400.07

short term up The short-term trend has been UP since May 2nd, 2024 at 1384.26

Smart Scan Analysis for BKCFN

Based on our trend formula, BKCFN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BKCFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1447.87 1454.05 1447.87 1449.51 +2.62
Prev. Close Volume Bid Ask Time
1449.51 0 2024-05-16 16:19:18
52wk High1576.6752wk High Date2018-01-26
52wk Low1145.4752wk Low Date2018-10-26
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