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Future Trend Analysis Report
Prepared for you on Saturday, April 27, 2024.
COCOA MAY 2024 (ICE:@CC.K24)
Bull Market Weakness (+75) - @CC.K24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CC.K24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CC.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @CC.K24
The long-term trend has been UP since Nov 9th, 2022 at 2445
The intermediate-term trend has been UP since Jan 12th, 2024 at 4294
The short-term trend has been DOWN since Apr 23rd, 2024 at 10530
Smart Scan Analysis for @CC.K24
Based on our trend formula, @CC.K24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10973 | 10975 | 10973 | 10975 | -13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10988 | 8 | 2024-04-26 13:29:14 |
| 52wk High | 12261 | 52wk High Date | 2024-04-19 |
| 52wk Low | 2186 | 52wk Low Date | 2022-09-26 |
| Volatility | 49.08 | Expiration | 2024-05-15 |