Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

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

Bear Market Rally (-75) - BKGDRT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BKGDRT as it may be in the beginning of a reversal.

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
2767.14 2767.14 2767.14 2767.14 -46.91
Entry Signal

MarketClub’s Trade Triangles for BKGDRT

long term down The long-term trend has been DOWN since Nov 26th, 2021 at 2633.28

intermediate term up The intermediate-term trend has been UP since Dec 7th, 2021 at 2766.88

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 2814.05

Smart Scan Analysis for BKGDRT

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

-75
Smart Scan Analysis for BKGDRT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2767.14 2767.14 2767.14 2767.14 -46.91
Prev. Close Volume Bid Ask Time
2767.14 0 2022-01-14 14:37:28
52wk High1991.9152wk High Date2018-01-25
52wk Low1575.7252wk Low Date2018-10-26
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