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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

BNY Mellon Composite GDR Total Return Index (CME:BKGDRT)

Countertrend Up (+85) - BKGDRT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_BKGDRT
Open High Low BKGDRT Price Change
2163.19 2163.19 2163.19 2163.19 +14.53
Entry Signal

MarketClub’s Trade Triangles for BKGDRT

long term up The long-term trend has been UP since Nov 20th, 2023 at 1858.35

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2024 at 1988.62

short term up The short-term trend has been UP since Mar 1st, 2024 at 2036.01

Smart Scan Analysis for BKGDRT

Based on our trend formula, BKGDRT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for BKGDRT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2163.19 2163.19 2163.19 2163.19 +14.53
Prev. Close Volume Bid Ask Time
2163.19 0 2024-03-27 14:06:13
52wk High1991.9152wk High Date2018-01-25
52wk Low1575.7252wk Low Date2018-10-26
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