Index Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
BNY Mellon India GDR Index (CME:BKGIN)
Bull Market Weakness (+75) - BKGIN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BKGIN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BKGIN?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKGIN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKGIN
The long-term trend has been UP since Dec 4th, 2020 at 1840.99
The intermediate-term trend has been UP since Aug 3rd, 2021 at 2228.41
The short-term trend has been DOWN since Sep 20th, 2021 at 2440.23
Smart Scan Analysis for BKGIN
Based on our trend formula, BKGIN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1732.77||52wk High Date||2018-08-28|
|52wk Low||1343.42||52wk Low Date||2018-10-26|