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Index Trend Analysis Report

Prepared for you on Sunday, November 24, 2024.

BNY Mellon Composite DR Index (CME:BKDRC)

Countertrend Down (-85) - BKDRC 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 BKDRC?

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

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

CME_BKDRC
Open High Low BKDRC Price Change
1348.21 1352.53 1346.15 1350.72 +2.56
Entry Signal

MarketClub’s Trade Triangles for BKDRC

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 1329.49

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 1403.36

short term up The short-term trend has been UP since Nov 21st, 2024 at 1349.32

Smart Scan Analysis for BKDRC

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

-85
Smart Scan Analysis for BKDRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1348.21 1352.53 1346.15 1350.72 +2.56
Prev. Close Volume Bid Ask Time
1350.72 0 2024-11-22 17:26:40
52wk High1278.1152wk High Date2018-01-29
52wk Low1006.8552wk Low Date2018-10-29
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