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Future Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

COFFEE JULY 2024 (ICE:@KC.N24)

Sidelines Mode (+55) - @KC.N24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid @KC.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.N24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@KC.N24
Open High Low @KC.N24 Price Change
198.85 201.55 198.50 200.50 +2.95
Entry Signal

MarketClub’s Trade Triangles for @KC.N24

long term up The long-term trend has been UP since Nov 6th, 2023 at 169.60

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2024 at 207.85

short term up The short-term trend has been UP since May 9th, 2024 at 201.50

Smart Scan Analysis for @KC.N24

Based on our trend formula, @KC.N24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for @KC.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
198.85 201.55 198.50 200.50 +2.95
Prev. Close Volume Bid Ask Time
197.55 2348 200.50 200.65 2024-05-09 05:20:22
52wk High245.452wk High Date2024-04-18
52wk Low146.4552wk Low Date2023-01-11
Volatility31.04Expiration2024-07-19
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