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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

BNY Mellon European Telecom ADR Index (CME:BKETL)

Bull Market Weakness (+75) - BKETL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BKETL as it may be in the beginning stages of a reversal.

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
21.97 22.05 21.84 22.03 -0.28
Entry Signal

MarketClub’s Trade Triangles for BKETL

long term up The long-term trend has been UP since Apr 3rd, 2024 at 22.55

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 21.58

short term up The short-term trend has been UP since Apr 18th, 2024 at 21.30

Smart Scan Analysis for BKETL

Based on our trend formula, BKETL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BKETL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.97 22.05 21.84 22.03 -0.28
Prev. Close Volume Bid Ask Time
22.31 0 2024-04-24 16:20:03
52wk High59.4352wk High Date2018-01-25
52wk Low40.652wk Low Date2018-10-26
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