Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

BLOM Emerging Shariah Index (Net TR) (CME:BESI)

Crossroads (-60) - BESI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_BESI
Open High Low BESI Price Change
1789.10 1791.17 1785.53 1785.68 -4.78
Entry Signal

MarketClub’s Trade Triangles for BESI

long term down The long-term trend has been DOWN since Aug 4th, 2024 at 1699.39

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 1801.39

short term up The short-term trend has been UP since Dec 23rd, 2024 at 1789.40

Smart Scan Analysis for BESI

Based on our trend formula, BESI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BESI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1789.10 1791.17 1785.53 1785.68 -4.78
Prev. Close Volume Bid Ask Time
1790.46 0 2024-12-26 12:28:46
52wk High1541.8352wk High Date2018-01-29
52wk Low1218.2452wk Low Date2018-10-30
Get a free daily analysis and signals for BLOM Emerging Shariah Index (Net TR) (BESI) - Request Your Free Report.