Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
BNY Mellon Russia DR Total Return Index (CME:BKDRUT)
Sidelines Mode (-55) - BKDRUT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BKDRUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKDRUT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKDRUT
The long-term trend has been UP since Sep 28th, 2018 at 1065.36
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 1478.53
The short-term trend has been UP since Feb 19th, 2020 at 1444.02
Smart Scan Analysis for BKDRUT
Based on our trend formula, BKDRUT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1179.35||52wk High Date||2018-02-26|
|52wk Low||905.93||52wk Low Date||2018-04-10|