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Index Trend Analysis Report

Prepared for you on Sunday, October 25, 2020.

BNY Mellon Industrials Classic ADR Index (CME:BKCIU)

Countertrend Up (+85) - BKCIU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_BKCIU
Open High Low BKCIU Price Change
2371.84 2385.75 2371.84 2384.88 +20.92
Entry Signal

MarketClub’s Trade Triangles for BKCIU

long term up The long-term trend has been UP since Jul 15th, 2020 at 2189.44

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2020 at 2376.83

short term down The short-term trend has been DOWN since Oct 22nd, 2020 at 2350.90

Smart Scan Analysis for BKCIU

Based on our trend formula, BKCIU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for BKCIU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2371.84 2385.75 2371.84 2384.88 +20.92
Prev. Close Volume Bid Ask Time
2358.47 0 2020-10-23 17:15:09
52wk High2522.3852wk High Date2018-01-26
52wk Low1942.5852wk Low Date2018-11-20
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