Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
BNY MELLON RUSSIA ADR INDEX (CME:BKRU)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 BKRU
The long term trend has been DOWN since Apr 9th, 2018 at 410.39
The intermediate term trend has been DOWN since Mar 28th, 2019 at 286.10
The short term trend has been UP since Apr 17th, 2019 at 295.07
Smart Scan Analysis for BKRU
Based on a pre-defined weighted trend formula for chart analysis, BKRU scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||477.93||52wk High Date||2018-02-21|
|52wk Low||292.19||52wk Low Date||2018-09-11|