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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

BNY Mellon Africa GDR Index (CME:BKGAF)

Bear Market Rally (-75) - BKGAF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BKGAF as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BKGAF?

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

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

CME_BKGAF
Open High Low BKGAF Price Change
614.22 624.02 614.22 617.10 +2.88
Entry Signal

MarketClub’s Trade Triangles for BKGAF

long term down The long-term trend has been DOWN since Oct 10th, 2024 at 614.03

intermediate term down The intermediate-term trend has been DOWN since Nov 27th, 2024 at 624.02

short term up The short-term trend has been UP since Dec 24th, 2024 at 622.87

Smart Scan Analysis for BKGAF

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

-75
Smart Scan Analysis for BKGAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
614.22 624.02 614.22 617.10 +2.88
Prev. Close Volume Bid Ask Time
617.10 0 2024-12-24 11:30:02
52wk High1173.0652wk High Date2018-04-20
52wk Low865.552wk Low Date2018-11-26
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