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.
MarketClub’s Trade Triangles for BKETL
The long-term trend has been DOWN since Mar 8th, 2022 at 27.23
The intermediate-term trend has been UP since May 23rd, 2022 at 29.50
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).
|52wk High||59.43||52wk High Date||2018-01-25|
|52wk Low||40.6||52wk Low Date||2018-10-26|