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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.

CME_BKCTC
Open High Low BKCTC Price Change
979.87 984.71 976.04 984.10 +5.37
Entry Signal

MarketClub’s Trade Triangles for BKCTC

long term down The long-term trend has been DOWN since Jun 30th, 2021 at 1057.48

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2022 at 980.45

short term down 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).

-90
Smart Scan Analysis for BKCTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
979.87 984.71 976.04 984.10 +5.37
Prev. Close Volume Bid Ask Time
978.73 0 2022-01-28 12:16:48
52wk High1203.4252wk High Date2018-01-26
52wk Low953.0452wk Low Date2018-10-29
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