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.
MarketClub’s Trade Triangles for BKCNOT
The long-term trend has been DOWN since May 9th, 2022 at 3223.37
The intermediate-term trend has been DOWN since Mar 9th, 2023 at 3004.95
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).
|52wk High||2803.68||52wk High Date||2018-09-25|
|52wk Low||2363.71||52wk Low Date||2017-12-15|