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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
BNY Mellon Emerging Markets DR Index (CME:BKDEM)
Sidelines Mode (+55) - BKDEM 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 BKDEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKDEM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BKDEM
The long-term trend has been UP since Dec 4th, 2023 at 1254.78
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1370.80
The short-term trend has been UP since Apr 23rd, 2024 at 1353.25
Smart Scan Analysis for BKDEM
Based on our trend formula, BKDEM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1357.58 | 1373.58 | 1354.22 | 1361.41 | +3.93 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1357.48 | 0 | 2024-04-24 16:20:03 |
| 52wk High | 1515.04 | 52wk High Date | 2018-01-29 |
| 52wk Low | 1137.04 | 52wk Low Date | 2018-10-29 |