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Index Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

BNY Mellon Composite GDR Index (CME:BKGDR)

Long-Term Uptrend (+90) - BKGDR is in a strong uptrend that is likely to continue. While BKGDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid BKGDR?

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

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

CME_BKGDR
Open High Low BKGDR Price Change
2239.41 2243.71 2235.25 2239.58 -1.29
Entry Signal

MarketClub’s Trade Triangles for BKGDR

long term up The long-term trend has been UP since Oct 19th, 2021 at 2235.49

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2021 at 2229.41

short term up The short-term trend has been UP since Oct 15th, 2021 at 2212.95

Smart Scan Analysis for BKGDR

Based on our trend formula, BKGDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BKGDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2239.41 2243.71 2235.25 2239.58 -1.29
Prev. Close Volume Bid Ask Time
2240.87 0 2021-10-20 15:07:50
52wk High1703.7952wk High Date2018-01-25
52wk Low1304.6852wk Low Date2018-10-26
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