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Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

BNY Mellon Oil & Gas Classic ADR Index (CME:BKCOG)

Crossroads (-60) - BKCOG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BKCOG?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKCOG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKCOG
Open High Low BKCOG Price Change
905.15 907.96 893.08 894.29 -1.25
Entry Signal

MarketClub’s Trade Triangles for BKCOG

long term up The long-term trend has been UP since Jul 24th, 2023 at 858.31

intermediate term down The intermediate-term trend has been DOWN since May 22nd, 2024 at 903.63

short term down The short-term trend has been DOWN since May 15th, 2024 at 931.50

Smart Scan Analysis for BKCOG

Based on our trend formula, BKCOG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BKCOG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
905.15 907.96 893.08 894.29 -1.25
Prev. Close Volume Bid Ask Time
895.54 0 2024-05-23 17:12:15
52wk High1105.3652wk High Date2018-05-17
52wk Low917.3852wk Low Date2018-02-09
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