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Index Trend Analysis Report

Prepared for you on Saturday, March 2, 2024.

BNY Mellon China ADR Total Return Index (CME:BKCNT)

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

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

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

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

CME_BKCNT
Open High Low BKCNT Price Change
498.44 498.44 498.44 498.44 -15.28
Entry Signal

MarketClub’s Trade Triangles for BKCNT

long term down The long-term trend has been DOWN since Nov 1st, 2023 at 491.70

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2024 at 499.68

short term down The short-term trend has been DOWN since Feb 28th, 2024 at 499.13

Smart Scan Analysis for BKCNT

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

-75
Smart Scan Analysis for BKCNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
498.44 498.44 498.44 498.44 -15.28
Prev. Close Volume Bid Ask Time
501.23 0 2024-02-28 17:15:29
52wk High1044.2752wk High Date2018-01-26
52wk Low719.4952wk Low Date2018-10-29
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