Index Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
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.
MarketClub’s Trade Triangles for BESI
The long-term trend has been UP since Jan 9th, 2023 at 1508.21
The intermediate-term trend has been DOWN since Apr 21st, 2023 at 1555.02
The short-term trend has been DOWN since May 24th, 2023 at 1544.01
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).
|52wk High||1541.83||52wk High Date||2018-01-29|
|52wk Low||1218.24||52wk Low Date||2018-10-30|