Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
BNY Mellon Utilities Classic ADR Index (CME:BKCUT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BKCUT
The long term trend has been UP since Jun 21st, 2019 at 858.88
The intermediate term trend has been UP since Jun 4th, 2019 at 824.30
The short term trend has been UP since Jul 18th, 2019 at 853.33
Smart Scan Analysis for BKCUT
Based on a pre-defined weighted trend formula for chart analysis, BKCUT scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||862.25||52wk High Date||2018-01-17|
|52wk Low||738.56||52wk Low Date||2018-10-26|