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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

BNY Mellon European Oil & Gas ADR Index (CME:BKEOG)

Crossroads (-60) - BKEOG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_BKEOG
Open High Low BKEOG Price Change
153.80 154.00 152.72 153.87 +0.53
Entry Signal

MarketClub’s Trade Triangles for BKEOG

long term up The long-term trend has been UP since Mar 25th, 2024 at 147.47

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 151.56

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 154.99

Smart Scan Analysis for BKEOG

Based on our trend formula, BKEOG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BKEOG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
153.80 154.00 152.72 153.87 +0.53
Prev. Close Volume Bid Ask Time
153.87 0 2024-05-03 16:19:48
52wk High160.3652wk High Date2018-05-21
52wk Low130.5652wk Low Date2018-11-23
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