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Future Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
COCOA SEPTEMBER 2022 (ICE:@CC.U22)
Strong Downtrend (-100) - @CC.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @CC.U22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @CC.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.U22.
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.U22
The long-term trend has been DOWN since May 9th, 2022 at 2499
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 2452
The short-term trend has been DOWN since Jun 28th, 2022 at 2420
Smart Scan Analysis for @CC.U22
Based on our trend formula, @CC.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2332 | 2373 | 2327 | 2335 | +20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2315 | 27230 | 2022-07-06 13:29:59 |
| 52wk High | 2844 | 52wk High Date | 2022-02-10 |
| 52wk Low | 2275 | 52wk Low Date | 2022-07-05 |
| Volatility | 18.9 | Expiration | 2022-09-15 |