Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
BNY Mellon United Kingdom ADR Index (CME:BKGB)
Crossroads (-60) - BKGB 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 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.
MarketClub’s Trade Triangles for BKGB
The long-term trend has been UP since Aug 28th, 2019 at 124.24
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 123.15
The short-term trend has been DOWN since Feb 14th, 2020 at 118.54
Smart Scan Analysis for BKGB
Based on our trend formula, BKGB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||139.29||52wk High Date||2018-01-25|
|52wk Low||113.15||52wk Low Date||2018-10-26|