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Futopt Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

COFFEE MAY 2024 PUT 22750 (ICE:@KC.K24.22750P)

Long-Term Downtrend (-90) - @KC.K24.22750P is in a strong downtrend that is likely to continue. While @KC.K24.22750P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @KC.K24.22750P?

MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.K24.22750P.

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

ICE_@KC.K24.22750P
Open High Low @KC.K24.22750P Price Change
1.45 2.10 0.24 1.30 -6.3
Entry Signal

MarketClub’s Trade Triangles for @KC.K24.22750P

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @KC.K24.22750P

Based on our trend formula, @KC.K24.22750P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @KC.K24.22750P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.45 2.10 0.24 1.30 -6.3
Prev. Close Volume Bid Ask Time
7.60 64 2024-04-12 12:15:36
52wk High42.0152wk High Date2024-02-16
52wk Low0.2452wk Low Date2024-04-12
Volatility0.08Strike Price227.5
Expiration2024-04-12
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