Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

BNY Mellon Middle East GDR Total Return Index (CME:BKGMET)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_BKGMET
Open High Low BKGMET Price Change
495.47 495.47 495.47 495.47 0.00
Entry Signal

MarketClub’s Trade Triangles for BKGMET

long term down The long term trend has been DOWN since May 13th, 2019 at 536.17

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2019 at 564.86

short term up The short term trend has been UP since Jul 8th, 2019 at 493.59

Smart Scan Analysis for BKGMET

Based on a pre-defined weighted trend formula for chart analysis, BKGMET scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for BKGMET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
495.47 495.47 495.47 495.47 0.00
Prev. Close Volume Bid Ask Time
532.66 0 2019-07-10 16:56:15
52wk High666.6852wk High Date2018-04-16
52wk Low546.4252wk Low Date2018-11-23
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