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Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

BNY Mellon United Kingdom ADR Index (CME:BKGB)

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

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

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

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

CME_BKGB
Open High Low BKGB Price Change
129.23 129.57 128.81 129.12 -0.77
Entry Signal

MarketClub’s Trade Triangles for BKGB

long term up The long-term trend has been UP since Jan 5th, 2024 at 118.92

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 122.57

short term down The short-term trend has been DOWN since May 22nd, 2024 at 129.27

Smart Scan Analysis for BKGB

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

+75
Smart Scan Analysis for BKGB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
129.23 129.57 128.81 129.12 -0.77
Prev. Close Volume Bid Ask Time
129.12 0 2024-05-22 16:20:03
52wk High139.2952wk High Date2018-01-25
52wk Low113.1552wk Low Date2018-10-26
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