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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

BNY Mellon China Select ADR Total Return Index (CME:BKTCNT)

Sidelines Mode (-55) - BKTCNT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BKTCNT?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKTCNT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKTCNT
Open High Low BKTCNT Price Change
4892.12 4981.20 4892.12 4934.30 +42.18
Entry Signal

MarketClub’s Trade Triangles for BKTCNT

long term down The long-term trend has been DOWN since Oct 19th, 2023 at 4831.91

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 4790.59

short term up The short-term trend has been UP since Apr 22nd, 2024 at 4716.12

Smart Scan Analysis for BKTCNT

Based on our trend formula, BKTCNT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BKTCNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4892.12 4981.20 4892.12 4934.30 +42.18
Prev. Close Volume Bid Ask Time
4934.30 0 2024-04-24 16:20:01
52wk High9175.4652wk High Date2018-01-26
52wk Low6221.7252wk Low Date2018-10-29
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