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Index Trend Analysis Report

Prepared for you on Monday, July 22, 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
1761.87 1768.05 1753.09 1753.09 -16.48
Entry Signal

MarketClub’s Trade Triangles for BKCNO

long term up The long-term trend has been UP since May 17th, 2024 at 1798.74

intermediate term down The intermediate-term trend has been DOWN since Jul 10th, 2024 at 1757.59

short term up The short-term trend has been UP since Jul 18th, 2024 at 1780.48

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
1761.87 1768.05 1753.09 1753.09 -16.48
Prev. Close Volume Bid Ask Time
1753.09 0 2024-07-19 16:19:33
52wk High2046.2752wk High Date2018-09-25
52wk Low1699.1152wk Low Date2018-11-23
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