Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
BNY Mellon India Select DR Index (CAD) (CME:BKINC)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BKINC
The long term trend has been UP since Mar 6th, 2019 at 7578.90
The intermediate term trend has been DOWN since Jun 17th, 2019 at 8323.14
The short term trend has been UP since Jul 12th, 2019 at 8232.24
Smart Scan Analysis for BKINC
Based on a pre-defined weighted trend formula for chart analysis, BKINC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8655.4||52wk High Date||2018-09-04|
|52wk Low||6319.44||52wk Low Date||2018-10-25|