Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

BNY Mellon MENA GDR Index (CME:BKGMA)

Sidelines Mode (-50) - BKGMA is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BKGMA can gain momentum.

Is it time to buy, sell, or avoid BKGMA?

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

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

CME_BKGMA
Open High Low BKGMA Price Change
403.03 403.37 399.65 400.33 -3.72
Entry Signal

MarketClub’s Trade Triangles for BKGMA

long term up The long-term trend has been UP since Feb 4th, 2025 at 395.20

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2025 at 385.91

short term down The short-term trend has been DOWN since May 8th, 2025 at 399.99

Smart Scan Analysis for BKGMA

Based on our trend formula, BKGMA is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for BKGMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
403.03 403.37 399.65 400.33 -3.72
Prev. Close Volume Bid Ask Time
400.33 0 2025-05-08 11:29:47
52wk High864.2352wk High Date2018-04-20
52wk Low655.2352wk Low Date2018-11-26
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