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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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
136.61 136.63 135.56 135.75 -0.78
Entry Signal

MarketClub’s Trade Triangles for BKDM

long term up The long-term trend has been UP since Nov 24th, 2023 at 123.29

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 135.95

short term up The short-term trend has been UP since Apr 22nd, 2024 at 134.07

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
136.61 136.63 135.56 135.75 -0.78
Prev. Close Volume Bid Ask Time
136.53 0 2024-04-24 11:42:03
52wk High120.3152wk High Date2018-01-25
52wk Low96.4852wk Low Date2018-10-26
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