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Future Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
COCOA DECEMBER 2021 (ICE:@CC.Z21)
Bull Market Weakness (+75) - @CC.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CC.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CC.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z21.
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.Z21
The long-term trend has been UP since Nov 24th, 2020 at 2650
The intermediate-term trend has been DOWN since Feb 12th, 2021 at 2422
The short-term trend has been UP since Feb 23rd, 2021 at 2423
Smart Scan Analysis for @CC.Z21
Based on our trend formula, @CC.Z21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2492 | 2494 | 2459 | 2486 | +9 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2487 | 794 | 2021-02-23 13:24:32 |
| 52wk High | 2668 | 52wk High Date | 2020-11-24 |
| 52wk Low | 2124 | 52wk Low Date | 2020-07-08 |
| Volatility | 20 | Expiration | 2021-12-15 |