Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
BNY Mellon Oil & Gas Classic ADR Index (CME:BKCOG)
Long-Term Downtrend (-90) - BKCOG is in a strong downtrend that is likely to continue. While BKCOG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for BKCOG
The long-term trend has been DOWN since Jun 23rd, 2022 at 701.71
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 794.94
The short-term trend has been DOWN since Jun 30th, 2022 at 717.96
Smart Scan Analysis for BKCOG
Based on our trend formula, BKCOG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1105.36||52wk High Date||2018-05-17|
|52wk Low||917.38||52wk Low Date||2018-02-09|