Index Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
BNY MELLON INDIA SELECT DR TOTAL RETURN (CME:BKINCTR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 BKINCTR
The long term trend has been UP since Mar 6th, 2019 at 8959.52
The intermediate term trend has been UP since May 20th, 2019 at 9785.17
The short term trend has been UP since May 16th, 2019 at 9302.68
Smart Scan Analysis for BKINCTR
Based on a pre-defined weighted trend formula for chart analysis, BKINCTR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10197.49||52wk High Date||2018-09-04|
|52wk Low||7455.74||52wk Low Date||2018-10-25|