Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, May 21, 2018.

COPPER May 2019 (E) (NYMEX:HG.K19.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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.

NYMEX_HG.K19.E
Open High Low HG.K19.E Price Change
3.170 3.170 3.145 3.148 -0.025
Entry Signal

MarketClub’s Trade Triangles for HG.K19.E

long term up The long term trend has been UP since Jul 17th, 2017 at 2.7695

intermediate term down The intermediate term trend has been DOWN since May 1st, 2018 at 3.1410

short term down The short term trend has been DOWN since May 15th, 2018 at 3.1700

Smart Scan Analysis for HG.K19.E

Based on a pre-defined weighted trend formula for chart analysis, HG.K19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HG.K19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.170 3.170 3.145 3.148 -0.025
Prev. Close Volume Bid Ask Time
3.145 135 2018-05-18 13:02:05
Contract High3.334Contract High Date2018-02-22
Contract Low3.035Contract Low Date2018-03-26
Estimated Volume54First Delivery2019-05-31
Expiration2019-05-29Open Time08:10
Close Time13:00
Want to analyze COPPER May 2019 (E) HG.K19.E or another symbol? Try our Free Future Trend Analysis Report.