Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Emerging Markets 50 ADR Total Return Index (CME:BKTEMT)
Countertrend Up (+85) - BKTEMT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BKTEMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKTEMT.
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 BKTEMT
The long-term trend has been UP since Dec 8th, 2023 at 4309.43
The intermediate-term trend has been UP since May 6th, 2024 at 4658.83
The short-term trend has been UP since Apr 26th, 2024 at 4552.21
Smart Scan Analysis for BKTEMT
Based on our trend formula, BKTEMT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4775.67 | 4775.67 | 4775.67 | 4775.67 | -63.48 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4932.83 | 0 | 2024-05-07 17:06:49 |
| 52wk High | 4453.06 | 52wk High Date | 2018-01-26 |
| 52wk Low | 3360.01 | 52wk Low Date | 2018-10-29 |