Index Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
BNY Mellon MENA GDR Total Return Index (CME:BKGMAT)
Sidelines Mode (+55) - BKGMAT 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 BKGMAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKGMAT.
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 BKGMAT
The long-term trend has been UP since Nov 29th, 2023 at 655.24
The intermediate-term trend has been UP since Feb 26th, 2024 at 621.19
The short-term trend has been DOWN since Mar 26th, 2024 at 727.73
Smart Scan Analysis for BKGMAT
Based on our trend formula, BKGMAT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
700.64 | 700.64 | 700.64 | 700.64 | -24.00 |
Prev. Close | Volume | Bid | Ask | Time |
700.64 | 0 | 2024-03-27 14:06:13 |
52wk High | 1234.78 | 52wk High Date | 2018-05-11 |
52wk Low | 957.97 | 52wk Low Date | 2018-11-28 |