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Index Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
BNY Mellon MENA GDR Index (CME:BKGMA)
Sidelines Mode (-55) - BKGMA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for BKGMA
The long-term trend has been UP since Nov 28th, 2023 at 376.98
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 398.38
The short-term trend has been UP since May 17th, 2024 at 385.17
Smart Scan Analysis for BKGMA
Based on our trend formula, BKGMA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 393.98 | 393.98 | 383.08 | 386.95 | +2.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 384.84 | 0 | 2024-05-20 12:07:06 |
| 52wk High | 864.23 | 52wk High Date | 2018-04-20 |
| 52wk Low | 655.23 | 52wk Low Date | 2018-11-26 |