Index Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
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 Dec 2nd, 2020 at 1217.34
The intermediate-term trend has been UP since Aug 2nd, 2021 at 1588.98
The short-term trend has been DOWN since Sep 17th, 2021 at 1700.41
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|