Index Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
BNY MELLON LAT AM BALANCED ADR INDEX (CME:BKLAB)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 BKLAB
The long term trend has been UP since Jan 9th, 2019 at 3172.76
The intermediate term trend has been DOWN since Feb 8th, 2019 at 3150.20
The short term trend has been UP since Mar 11th, 2019 at 3013.72
Smart Scan Analysis for BKLAB
Based on a pre-defined weighted trend formula for chart analysis, BKLAB scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3767.2||52wk High Date||2018-01-25|
|52wk Low||2712.38||52wk Low Date||2018-09-05|