Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

SOYBEAN MEAL May 2019 (E) (CBOT:ZM.K19.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CBOT_ZM.K19.E
Open High Low ZM.K19.E Price Change
312.8 317.1 312.1 316.1 +3.3
Entry Signal

MarketClub’s Trade Triangles for ZM.K19.E

long term down The long term trend has been DOWN since Jun 13th, 2018 at 343.4

intermediate term down The intermediate term trend has been DOWN since Oct 31st, 2018 at 307.0

short term up The short term trend has been UP since Nov 15th, 2018 at 314.9

Smart Scan Analysis for ZM.K19.E

Based on a pre-defined weighted trend formula for chart analysis, ZM.K19.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZM.K19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
312.8 317.1 312.1 316.1 +3.3
Prev. Close Volume Bid Ask Time
312.4 2462 2018-11-20 12:44:32
Contract High365.2Contract High Date2018-05-02
Contract Low303.7Contract Low Date2018-09-18
Estimated Volume6149First Delivery2019-06-04
Expiration2019-05-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN MEAL May 2019 (E) ZM.K19.E or another symbol? Try our Free Future Trend Analysis Report.