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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Countertrend Down (-85) - BKCOG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

CME_BKCOG
Open High Low BKCOG Price Change
869.62 875.58 867.42 872.40 +3.17
Entry Signal

MarketClub’s Trade Triangles for BKCOG

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 849.07

intermediate term down The intermediate-term trend has been DOWN since Jul 23rd, 2024 at 875.56

short term up The short-term trend has been UP since Jul 26th, 2024 at 873.65

Smart Scan Analysis for BKCOG

Based on our trend formula, BKCOG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BKCOG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
869.62 875.58 867.42 872.40 +3.17
Prev. Close Volume Bid Ask Time
869.23 0 2024-07-26 16:20:03
52wk High1105.3652wk High Date2018-05-17
52wk Low917.3852wk Low Date2018-02-09
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