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Index Trend Analysis Report

Prepared for you on Thursday, May 13, 2021.

BNY Mellon Developed Markets ADR Index (CME:BKDM)

Sidelines Mode (+55) - BKDM 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 BKDM?

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

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

CME_BKDM
Open High Low BKDM Price Change
114.47 115.02 113.27 113.42 -1.25
Entry Signal

MarketClub’s Trade Triangles for BKDM

long term up The long-term trend has been UP since Nov 11th, 2020 at 96.38

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2021 at 111.44

short term down The short-term trend has been DOWN since May 11th, 2021 at 113.85

Smart Scan Analysis for BKDM

Based on our trend formula, BKDM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BKDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
114.47 115.02 113.27 113.42 -1.25
Prev. Close Volume Bid Ask Time
113.42 0 2021-05-12 17:12:04
52wk High120.3152wk High Date2018-01-25
52wk Low96.4852wk Low Date2018-10-26
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