Index Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
BNY Mellon MENA GDR Index (CME:BKGMA)
Weak Downtrend (-65) - BKGMA is showing signs of a strengthening downtrend. Monitor BKGMA as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for BKGMA
The long-term trend has been UP since Sep 14th, 2020 at 546.45
The intermediate-term trend has been DOWN since Oct 15th, 2020 at 535.96
The short-term trend has been DOWN since Oct 12th, 2020 at 555.62
Smart Scan Analysis for BKGMA
Based on our trend formula, BKGMA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||864.23||52wk High Date||2018-04-20|
|52wk Low||655.23||52wk Low Date||2018-11-26|