Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
BNY Mellon South Africa Classic ADR Total Return Index (CME:BKCZAT)
Sidelines Mode (+55) - BKCZAT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BKCZAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKCZAT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKCZAT
The long-term trend has been UP since Jun 8th, 2020 at 1930.94
The intermediate-term trend has been UP since Apr 14th, 2020 at 1564.63
The short-term trend has been DOWN since Aug 3rd, 2020 at 2126.37
Smart Scan Analysis for BKCZAT
Based on our trend formula, BKCZAT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2831.74||52wk High Date||2018-01-26|
|52wk Low||1680.13||52wk Low Date||2018-10-29|