Index Trend Analysis Report
Prepared for you on Thursday, October 6, 2022.
BNY Mellon United Kingdom Classic ADR Index (CME:BKCGB)
Countertrend Down (-85) - BKCGB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BKCGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKCGB
The long-term trend has been DOWN since Mar 7th, 2022 at 1341.04
The intermediate-term trend has been DOWN since Aug 22nd, 2022 at 1326.84
The short-term trend has been UP since Sep 30th, 2022 at 1147.37
Smart Scan Analysis for BKCGB
Based on our trend formula, BKCGB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1627.12||52wk High Date||2018-01-25|
|52wk Low||1327.88||52wk Low Date||2018-10-26|