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Index Trend Analysis Report

Prepared for you on Wednesday, January 20, 2021.

BNY Mellon Developed Markets ADR Index (CME:BKDM)

Countertrend Up (+85) - BKDM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
107.79 107.97 107.22 107.92 +0.96
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 Nov 9th, 2020 at 91.63

short term down The short-term trend has been DOWN since Jan 15th, 2021 at 106.71

Smart Scan Analysis for BKDM

Based on our trend formula, BKDM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for BKDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.79 107.97 107.22 107.92 +0.96
Prev. Close Volume Bid Ask Time
88.37 0 2021-01-19 16:19:48
52wk High120.3152wk High Date2018-01-25
52wk Low96.4852wk Low Date2018-10-26
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