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Future Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
COCOA JULY 2022 (ICE:@CC.N22)
Bull Market Weakness (+75) - @CC.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CC.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CC.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.N22.
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.N22
The long-term trend has been UP since Nov 24th, 2020 at 2626
The intermediate-term trend has been DOWN since Jun 7th, 2021 at 2457
The short-term trend has been UP since Jun 10th, 2021 at 2482
Smart Scan Analysis for @CC.N22
Based on our trend formula, @CC.N22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2488 | 2489 | 2488 | 2489 | +2 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2487 | 2 | 2476 | 2480 | 2021-06-16 04:45:00 |
| 52wk High | 2609 | 52wk High Date | 2021-05-17 |
| 52wk Low | 2275 | 52wk Low Date | 2020-11-02 |
| Volatility | 18.68 | Expiration | 2022-07-14 |