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Index Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

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

Bull Market Weakness (+75) - BKGMAT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BKGMAT as it may be in the beginning stages of a reversal.

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
733.74 733.74 733.74 733.74 -5.03
Entry Signal

MarketClub’s Trade Triangles for BKGMAT

long term up The long-term trend has been UP since Feb 10th, 2025 at 703.30

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2025 at 691.64

short term up The short-term trend has been UP since Apr 25th, 2025 at 718.71

Smart Scan Analysis for BKGMAT

Based on our trend formula, BKGMAT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BKGMAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
733.74 733.74 733.74 733.74 -5.03
Prev. Close Volume Bid Ask Time
745.13 0 2025-04-29 12:34:13
52wk High1234.7852wk High Date2018-05-11
52wk Low957.9752wk Low Date2018-11-28
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