Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
BNY Mellon Egypt GDR Index (CME:BKGEG)
Crossroads (-60) - BKGEG 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 BKGEG?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKGEG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKGEG
The long-term trend has been UP since Nov 17th, 2022 at 707.01
The intermediate-term trend has been DOWN since Feb 20th, 2023 at 811.50
The short-term trend has been DOWN since Mar 6th, 2023 at 768.78
Smart Scan Analysis for BKGEG
Based on our trend formula, BKGEG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1134.09||52wk High Date||2018-04-20|
|52wk Low||831.07||52wk Low Date||2017-12-20|