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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Emerging Markets GDR Index (CME:BKGEM)
Long-Term Uptrend (+90) - BKGEM is in a strong uptrend that is likely to continue. While BKGEM 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 BKGEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKGEM.
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 BKGEM
The long-term trend has been UP since Nov 21st, 2023 at 1491.07
The intermediate-term trend has been UP since May 7th, 2024 at 1710.90
The short-term trend has been UP since May 15th, 2024 at 1695.19
Smart Scan Analysis for BKGEM
Based on our trend formula, BKGEM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1701.59 | 1709.42 | 1701.59 | 1704.10 | -9.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1713.27 | 0 | 2024-05-17 05:56:02 |
| 52wk High | 1754.29 | 52wk High Date | 2018-01-25 |
| 52wk Low | 1343.35 | 52wk Low Date | 2018-10-26 |