Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
BNY Mellon Russia GDR Index (CME:BKGRU)
Countertrend Up (+85) - BKGRU 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 BKGRU?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKGRU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKGRU
The long-term trend has been UP since Dec 2nd, 2020 at 851.33
The intermediate-term trend has been UP since Aug 2nd, 2021 at 1075.40
The short-term trend has been DOWN since Sep 17th, 2021 at 1141.06
Smart Scan Analysis for BKGRU
Based on our trend formula, BKGRU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||963.94||52wk High Date||2018-02-26|
|52wk Low||733.97||52wk Low Date||2018-09-10|