Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
BNY Mellon Telecommunications Classic ADR Index (CME:BKCTC)
Long-Term Downtrend (-90) - BKCTC is in a strong downtrend that is likely to continue. While BKCTC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BKCTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKCTC
The long-term trend has been DOWN since Jun 30th, 2021 at 1057.48
The intermediate-term trend has been DOWN since Jan 24th, 2022 at 980.45
The short-term trend has been DOWN since Jan 21st, 2022 at 996.41
Smart Scan Analysis for BKCTC
Based on our trend formula, BKCTC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1203.42||52wk High Date||2018-01-26|
|52wk Low||953.04||52wk Low Date||2018-10-29|