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Index Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

BNY Mellon European Telecom ADR Index (CME:BKETL)

Crossroads (+60) - BKETL 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 BKETL?

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

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

CME_BKETL
Open High Low BKETL Price Change
30.85 30.95 30.61 30.65 -0.21
Entry Signal

MarketClub’s Trade Triangles for BKETL

long term down The long-term trend has been DOWN since Mar 8th, 2022 at 27.23

intermediate term up The intermediate-term trend has been UP since May 23rd, 2022 at 29.50

short term up The short-term trend has been UP since May 17th, 2022 at 28.46

Smart Scan Analysis for BKETL

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

+60
Smart Scan Analysis for BKETL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.85 30.95 30.61 30.65 -0.21
Prev. Close Volume Bid Ask Time
30.65 0 2022-05-27 16:20:03
52wk High59.4352wk High Date2018-01-25
52wk Low40.652wk Low Date2018-10-26
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