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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

BNY Mellon Utilities Classic ADR Total Return Index (CME:BKCUTT)

Long-Term Downtrend (-90) - BKCUTT is in a strong downtrend that is likely to continue. While BKCUTT 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 BKCUTT?

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

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

CME_BKCUTT
Open High Low BKCUTT Price Change
1535.17 1535.17 1535.17 1535.17 +2.20
Entry Signal

MarketClub’s Trade Triangles for BKCUTT

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 1620.48

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 1756.02

short term down The short-term trend has been DOWN since Dec 6th, 2024 at 1606.67

Smart Scan Analysis for BKCUTT

Based on our trend formula, BKCUTT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BKCUTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1535.17 1535.17 1535.17 1535.17 +2.20
Prev. Close Volume Bid Ask Time
1541.29 0 2024-12-23 18:02:20
52wk High1228.0852wk High Date2018-05-04
52wk Low1090.3652wk Low Date2018-10-29
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