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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Long-Term Downtrend (-90) - BKGDRT is in a strong downtrend that is likely to continue. While BKGDRT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1833.36 1833.36 1833.36 1833.36 +1.85
Entry Signal

MarketClub’s Trade Triangles for BKGDRT

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 2132.51

intermediate term down The intermediate-term trend has been DOWN since Jul 24th, 2024 at 2305.74

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 1874.72

Smart Scan Analysis for BKGDRT

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

-90
Smart Scan Analysis for BKGDRT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1833.36 1833.36 1833.36 1833.36 +1.85
Prev. Close Volume Bid Ask Time
1802.22 0 2024-12-18 12:00:08
52wk High1991.9152wk High Date2018-01-25
52wk Low1575.7252wk Low Date2018-10-26
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