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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

BNY Mellon Oil & Gas Classic ADR Total Return Index (CME:BKCOGT)

Crossroads (-60) - BKCOGT 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 BKCOGT?

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

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

CME_BKCOGT
Open High Low BKCOGT Price Change
1787.06 1787.06 1787.06 1787.06 -13.51
Entry Signal

MarketClub’s Trade Triangles for BKCOGT

long term up The long-term trend has been UP since Aug 9th, 2023 at 1601.65

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 1817.88

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 1836.04

Smart Scan Analysis for BKCOGT

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

-60
Smart Scan Analysis for BKCOGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1787.06 1787.06 1787.06 1787.06 -13.51
Prev. Close Volume Bid Ask Time
1844.55 0 2024-04-18 16:59:36
52wk High1589.2252wk High Date2018-10-03
52wk Low1310.6452wk Low Date2017-12-07
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