Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
BNY Mellon Composite GDR Total Return Index (CME:BKGDRT)
Countertrend Up (+85) - BKGDRT 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 BKGDRT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKGDRT.
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 BKGDRT
The long-term trend has been UP since Nov 20th, 2023 at 1858.35
The intermediate-term trend has been UP since May 8th, 2024 at 2165.22
The short-term trend has been DOWN since May 13th, 2024 at 2149.53
Smart Scan Analysis for BKGDRT
Based on our trend formula, BKGDRT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2183.52 | 2183.52 | 2183.52 | 2183.52 | -10.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2183.52 | 0 | 2024-05-16 12:04:57 |
| 52wk High | 1991.91 | 52wk High Date | 2018-01-25 |
| 52wk Low | 1575.72 | 52wk Low Date | 2018-10-26 |