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Index Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

BNY Mellon Emerging Markets 50 ADR Index (CME:BKTEM)

Sidelines Mode (+55) - BKTEM 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 BKTEM?

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

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

CME_BKTEM
Open High Low BKTEM Price Change
3147.87 3147.87 3103.13 3109.56 -96.26
Entry Signal

MarketClub’s Trade Triangles for BKTEM

long term up The long-term trend has been UP since Jul 2nd, 2020 at 2608.44

intermediate term up The intermediate-term trend has been UP since Oct 6th, 2020 at 3067.33

short term down The short-term trend has been DOWN since Oct 26th, 2020 at 3181.47

Smart Scan Analysis for BKTEM

Based on our trend formula, BKTEM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BKTEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3147.87 3147.87 3103.13 3109.56 -96.26
Prev. Close Volume Bid Ask Time
3052.63 0 2020-10-28 13:08:03
52wk High3123.0552wk High Date2018-01-26
52wk Low2291.1752wk Low Date2018-10-29
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