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Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
COCOA MAY 2024 (ICE:@CC.K24)
Countertrend Up (+85) - @CC.K24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid @CC.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K24.
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 @CC.K24
The long-term trend has been UP since Nov 9th, 2022 at 2445
The intermediate-term trend has been UP since Oct 17th, 2023 at 3552
The short-term trend has been UP since Dec 8th, 2023 at 4178
Smart Scan Analysis for @CC.K24
Based on our trend formula, @CC.K24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4158 | 4217 | 4108 | 4210 | +50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4160 | 11217 | 4209 | 4211 | 2023-12-08 11:02:59 |
| 52wk High | 4257 | 52wk High Date | 2023-11-30 |
| 52wk Low | 2186 | 52wk Low Date | 2022-09-26 |
| Volatility | 19.52 | Expiration | 2024-05-15 |