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Index Trend Analysis Report

Prepared for you on Monday, November 25, 2024.

BNY Mellon MENA GDR Total Return Index (CME:BKGMAT)

Strong Downtrend (-100) - BKGMAT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BKGMAT continues to fall. Traders should use caution and set stops.

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

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

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

CME_BKGMAT
Open High Low BKGMAT Price Change
682.56 682.56 682.56 682.56 +0.63
Entry Signal

MarketClub’s Trade Triangles for BKGMAT

long term down The long-term trend has been DOWN since Oct 25th, 2024 at 671.07

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2024 at 693.14

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 696.70

Smart Scan Analysis for BKGMAT

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

-100
Smart Scan Analysis for BKGMAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
682.56 682.56 682.56 682.56 +0.63
Prev. Close Volume Bid Ask Time
681.93 0 2024-11-25 12:08:58
52wk High1234.7852wk High Date2018-05-11
52wk Low957.9752wk Low Date2018-11-28
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