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Index Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

BNY Mellon Russia GDR Index (CME:BKGRU)

Long-Term Downtrend (-90) - BKGRU is in a strong downtrend that is likely to continue. While BKGRU 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 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.

CME_BKGRU
Open High Low BKGRU Price Change
954.66 991.08 954.00 984.70 +12.29
Entry Signal

MarketClub’s Trade Triangles for BKGRU

long term down The long-term trend has been DOWN since Nov 26th, 2021 at 1058.04

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2022 at 1028.42

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 1063.90

Smart Scan Analysis for BKGRU

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

-90
Smart Scan Analysis for BKGRU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
954.66 991.08 954.00 984.70 +12.29
Prev. Close Volume Bid Ask Time
972.41 0 2022-01-20 11:30:02
52wk High963.9452wk High Date2018-02-26
52wk Low733.9752wk Low Date2018-09-10
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