Index Trend Analysis Report
Prepared for you on Monday, September 26, 2022.
BNY Mellon Asia DR Total Return Index (CME:BKDAST)
Strong Downtrend (-100) - BKDAST is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BKDAST continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BKDAST?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKDAST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKDAST
The long-term trend has been DOWN since Apr 20th, 2021 at 2589.51
The intermediate-term trend has been DOWN since Aug 22nd, 2022 at 1905.31
The short-term trend has been DOWN since Sep 13th, 2022 at 1836.54
Smart Scan Analysis for BKDAST
Based on our trend formula, BKDAST is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2022.47||52wk High Date||2018-01-26|
|52wk Low||1556.3||52wk Low Date||2018-10-29|