Index Trend Analysis Report
Prepared for you on Wednesday, October 16, 2019.
BNY Mellon Switzerland ADR Index (CME:BKCH)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BKCH
The long term trend has been DOWN since Oct 2nd, 2019 at 182.15
The intermediate term trend has been DOWN since Sep 24th, 2019 at 185.69
The short term trend has been UP since Oct 7th, 2019 at 181.30
Smart Scan Analysis for BKCH
Based on a pre-defined weighted trend formula for chart analysis, BKCH scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||216.88000000||52wk High Date||2018-01-26|
|52wk Low||164.18000000||52wk Low Date||2018-06-28|