Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, July 16, 2024.

BNY Mellon Africa GDR Total Return Index (CME:BKGAFT)

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

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

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

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

CME_BKGAFT
Open High Low BKGAFT Price Change
1086.67 1086.67 1086.67 1086.67 -7.92
Entry Signal

MarketClub’s Trade Triangles for BKGAFT

long term up The long-term trend has been UP since Nov 29th, 2023 at 1034.27

intermediate term up The intermediate-term trend has been UP since Jul 4th, 2024 at 1090.57

short term up The short-term trend has been UP since Jul 3rd, 2024 at 1062.22

Smart Scan Analysis for BKGAFT

Based on our trend formula, BKGAFT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BKGAFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1086.67 1086.67 1086.67 1086.67 -7.92
Prev. Close Volume Bid Ask Time
1096.02 0 2024-07-05 13:51:16
52wk High1609.6852wk High Date2018-05-11
52wk Low1230.3752wk Low Date2018-11-28
Get a free daily analysis and signals for BNY Mellon Africa GDR Total Return Index (BKGAFT) - Request Your Free Report.