Index Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
BNY Mellon India Select DR Index (CAD) (CME:BKINC)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
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 DOWN since Aug 2nd, 2019 at 7632.53
The intermediate term trend has been UP since Sep 13th, 2019 at 7508.75
The short term trend has been UP since Oct 9th, 2019 at 7648.65
Smart Scan Analysis for BKINC
Based on a pre-defined weighted trend formula for chart analysis, BKINC scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8655.40000000||52wk High Date||2018-09-04|
|52wk Low||6319.44000000||52wk Low Date||2018-10-25|