Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
BNY Mellon Egypt GDR Index (CME:BKGEG)
Long-Term Uptrend (+90) - BKGEG is in a strong uptrend that is likely to continue. While BKGEG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Aug 24th, 2021 at 991.65
The intermediate-term trend has been UP since Dec 15th, 2021 at 1126.67
The short-term trend has been UP since Jan 13th, 2022 at 1143.05
Smart Scan Analysis for BKGEG
Based on our trend formula, BKGEG is rated as a +90 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|