Index Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
BNY Mellon Portugal Classic ADR Index (CME:BKCPT)
Strong Downtrend (-100) - BKCPT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BKCPT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BKCPT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCPT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKCPT
The long-term trend has been DOWN since Sep 5th, 2023 at 610.63
The intermediate-term trend has been DOWN since Sep 5th, 2023 at 612.36
The short-term trend has been DOWN since Sep 21st, 2023 at 615.32
Smart Scan Analysis for BKCPT
Based on our trend formula, BKCPT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||638.6||52wk High Date||2018-05-15|
|52wk Low||504.5||52wk Low Date||2018-11-14|