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Index Trend Analysis Report

Prepared for you on Friday, July 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
1777.00 1781.51 1775.87 1779.85 +1.19
Entry Signal

MarketClub’s Trade Triangles for BESI

long term up The long-term trend has been UP since Dec 15th, 2023 at 1606.98

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2024 at 1843.59

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 1918.13

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
1777.00 1781.51 1775.87 1779.85 +1.19
Prev. Close Volume Bid Ask Time
1778.66 0 2024-07-26 16:25:31
52wk High1541.8352wk High Date2018-01-29
52wk Low1218.2452wk Low Date2018-10-30
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