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Index Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

BNY Mellon Composite GDR Index (CME:BKGDR)

Bull Market Weakness (+75) - BKGDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BKGDR as it may be in the beginning stages of a reversal.

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
1550.16 1570.33 1550.16 1568.32 +18.16
Entry Signal

MarketClub’s Trade Triangles for BKGDR

long term up The long-term trend has been UP since Nov 21st, 2023 at 1448.15

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2024 at 1533.82

short term down The short-term trend has been DOWN since Mar 15th, 2024 at 1570.98

Smart Scan Analysis for BKGDR

Based on our trend formula, BKGDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BKGDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1550.16 1570.33 1550.16 1568.32 +18.16
Prev. Close Volume Bid Ask Time
1550.16 0 2024-03-18 11:30:02
52wk High1703.7952wk High Date2018-01-25
52wk Low1304.6852wk Low Date2018-10-26
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