Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
LUMBER (RANDOM LENGTH) May 2023 (CME:LBS.K23)
Weak Downtrend (-65) - LBS.K23 is showing signs of a strengthening downtrend. Monitor LBS.K23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid LBS.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for LBS.K23
The long-term trend has been UP since Jan 27th, 2023 at 516.0
The intermediate-term trend has been DOWN since Mar 27th, 2023 at 400.8
The short-term trend has been DOWN since Mar 22nd, 2023 at 437.0
Smart Scan Analysis for LBS.K23
Based on our trend formula, LBS.K23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 407.7 | 409.9 | 393.9 | 397.9 | -15.5 |
| Prev. Close | Volume | Bid | Ask | Time |
| 398.0 | 274 | 2023-03-27 16:04:59 |
| Expiration | 2023-05-15 | Open Time | 10:00 |
| Close Time | 17:00 |
Get a free daily analysis and signals for LUMBER (RANDOM LENGTH) May 2023 (LBS.K23) - Request Your Free Report.