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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
BNY Mellon MENA GDR Total Return Index (CME:BKGMAT)
Countertrend Up (+85) - BKGMAT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for BKGMAT
The long-term trend has been UP since Nov 29th, 2023 at 655.24
The intermediate-term trend has been UP since Feb 26th, 2024 at 621.19
The short-term trend has been UP since Apr 18th, 2024 at 712.87
Smart Scan Analysis for BKGMAT
Based on our trend formula, BKGMAT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 720.82 | 720.82 | 720.82 | 720.82 | -1.86 |
| Prev. Close | Volume | Bid | Ask | Time |
| 722.68 | 0 | 2024-04-19 13:57:38 |
| 52wk High | 1234.78 | 52wk High Date | 2018-05-11 |
| 52wk Low | 957.97 | 52wk Low Date | 2018-11-28 |