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Index Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

BNY Mellon Norway Classic ADR Total Return Index (CME:BKCNOT)

Bear Market Rally (-75) - BKCNOT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BKCNOT as it may be in the beginning of a reversal.

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

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

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

CME_BKCNOT
Open High Low BKCNOT Price Change
2911.44 2911.44 2911.44 2911.44 +45.76
Entry Signal

MarketClub’s Trade Triangles for BKCNOT

long term down The long-term trend has been DOWN since May 9th, 2022 at 3223.37

intermediate term down The intermediate-term trend has been DOWN since Mar 9th, 2023 at 3004.95

short term up The short-term trend has been UP since Mar 30th, 2023 at 2865.68

Smart Scan Analysis for BKCNOT

Based on our trend formula, BKCNOT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BKCNOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2911.44 2911.44 2911.44 2911.44 +45.76
Prev. Close Volume Bid Ask Time
2909.89 0 2023-03-30 18:02:39
52wk High2803.6852wk High Date2018-09-25
52wk Low2363.7152wk Low Date2017-12-15
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