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Futopt Trend Analysis Report
Prepared for you on Sunday, April 28, 2024.
SUGAR #11 WORLD MAY 2024 PUT 2300 (ICE:@SB.K24.2300P)
Long-Term Downtrend (-90) - @SB.K24.2300P is in a strong downtrend that is likely to continue. While @SB.K24.2300P 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 @SB.K24.2300P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K24.2300P.
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.K24.2300P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @SB.K24.2300P
Based on our trend formula, @SB.K24.2300P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.55 | 2.77 | 2.55 | 2.77 | +0.22 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.55 | 378 | 2024-04-15 11:31:29 |
| 52wk High | 2.77 | 52wk High Date | 2024-04-15 |
| 52wk Low | 0.33 | 52wk Low Date | 2023-11-21 |
| Volatility | 0.89 | Strike Price | 23 |
| Expiration | 2024-04-15 |