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Future Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
SUGAR #11 WORLD JULY 2024 (ICE:@SB.N24)
Bear Market Rally (-75) - @SB.N24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @SB.N24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @SB.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N24.
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 @SB.N24
The long-term trend has been DOWN since Dec 6th, 2023 at 22.86
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 20.88
The short-term trend has been UP since Apr 29th, 2024 at 19.79
Smart Scan Analysis for @SB.N24
Based on our trend formula, @SB.N24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.60 | 19.87 | 19.40 | 19.55 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.60 | 43498 | 2024-05-09 12:59:59 |
| 52wk High | 25.54 | 52wk High Date | 2023-11-07 |
| 52wk Low | 13.85 | 52wk Low Date | 2021-08-19 |
| Volatility | 24.43 | Expiration | 2024-06-28 |