Index Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
BNY Mellon Lebanon GDR Index (CME:BKGLB)
Bear Market Rally (-75) - BKGLB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BKGLB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BKGLB?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKGLB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKGLB
The long-term trend has been DOWN since Sep 9th, 2019 at 355.51
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 132.91
The short-term trend has been UP since Feb 26th, 2020 at 104.73
Smart Scan Analysis for BKGLB
Based on our trend formula, BKGLB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||614.15||52wk High Date||2018-03-26|
|52wk Low||462.63||52wk Low Date||2018-11-23|