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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Emerging Markets DR Index (CME:BKDEM)
Long-Term Uptrend (+90) - BKDEM is in a strong uptrend that is likely to continue. While BKDEM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since May 6th, 2024 at 1426.62
The short-term trend has been UP since May 13th, 2024 at 1438.86
Smart Scan Analysis for BKDEM
Based on our trend formula, BKDEM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1462.84 | 1462.84 | 1460.14 | 1461.60 | -1.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1462.84 | 0 | 2024-05-17 03:39:18 |
| 52wk High | 1515.04 | 52wk High Date | 2018-01-29 |
| 52wk Low | 1137.04 | 52wk Low Date | 2018-10-29 |