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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Africa DR Total Return Index (CME:BKDAFT)

Weak Downtrend (-65) - BKDAFT is showing signs of a strengthening downtrend. Monitor BKDAFT as it may be building momentum to the downside.

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

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

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

CME_BKDAFT
Open High Low BKDAFT Price Change
913.42 913.42 913.42 913.42 -15.37
Entry Signal

MarketClub’s Trade Triangles for BKDAFT

long term up The long-term trend has been UP since Apr 4th, 2024 at 905.35

intermediate term down The intermediate-term trend has been DOWN since Apr 26th, 2024 at 952.52

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 1013.47

Smart Scan Analysis for BKDAFT

Based on our trend formula, BKDAFT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BKDAFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
913.42 913.42 913.42 913.42 -15.37
Prev. Close Volume Bid Ask Time
929.77 0 2024-05-07 17:06:49
52wk High900.5852wk High Date2018-01-25
52wk Low715.3552wk Low Date2018-11-27
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