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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

BNY Mellon Emerging Markets GDR Index (CME:BKGEM)

Long-Term Uptrend (+90) - BKGEM is in a strong uptrend that is likely to continue. While BKGEM 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 BKGEM?

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

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

CME_BKGEM
Open High Low BKGEM Price Change
1713.79 1726.03 1711.33 1718.51 -9.82
Entry Signal

MarketClub’s Trade Triangles for BKGEM

long term up The long-term trend has been UP since Nov 21st, 2023 at 1491.07

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 1710.90

short term up The short-term trend has been UP since May 15th, 2024 at 1695.19

Smart Scan Analysis for BKGEM

Based on our trend formula, BKGEM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BKGEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1713.79 1726.03 1711.33 1718.51 -9.82
Prev. Close Volume Bid Ask Time
1718.51 0 2024-05-24 12:49:27
52wk High1754.2952wk High Date2018-01-25
52wk Low1343.3552wk Low Date2018-10-26
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