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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Emerging Markets 50 ADR Index (CME:BKTEM)
Long-Term Uptrend (+90) - BKTEM is in a strong uptrend that is likely to continue. While BKTEM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BKTEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKTEM.
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 BKTEM
The long-term trend has been UP since Dec 14th, 2023 at 2672.40
The intermediate-term trend has been UP since May 2nd, 2024 at 2855.99
The short-term trend has been UP since May 10th, 2024 at 2886.44
Smart Scan Analysis for BKTEM
Based on our trend formula, BKTEM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2955.53 | 2982.27 | 2949.77 | 2970.90 | +17.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2970.90 | 0 | 2024-05-16 16:19:33 |
| 52wk High | 3123.05 | 52wk High Date | 2018-01-26 |
| 52wk Low | 2291.17 | 52wk Low Date | 2018-10-29 |