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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

BNY Mellon Norway Classic ADR Index (CME:BKCNO)

Sidelines Mode (-55) - BKCNO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_BKCNO
Open High Low BKCNO Price Change
1785.94 1804.24 1781.47 1788.47 +7.03
Entry Signal

MarketClub’s Trade Triangles for BKCNO

long term up The long-term trend has been UP since Oct 2nd, 2024 at 1828.37

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 1758.34

short term up The short-term trend has been UP since Oct 25th, 2024 at 1792.25

Smart Scan Analysis for BKCNO

Based on our trend formula, BKCNO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BKCNO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1785.94 1804.24 1781.47 1788.47 +7.03
Prev. Close Volume Bid Ask Time
1788.47 0 2024-10-25 16:20:03
52wk High2046.2752wk High Date2018-09-25
52wk Low1699.1152wk Low Date2018-11-23
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