Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

COCOA DECEMBER 2024 (ICE:@CC.Z24)

Countertrend Up (+85) - @CC.Z24 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.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@CC.Z24
Open High Low @CC.Z24 Price Change
3943 3982 3931 3956 +48
Entry Signal

MarketClub’s Trade Triangles for @CC.Z24

long term up The long-term trend has been UP since Feb 16th, 2023 at 2560

intermediate term up The intermediate-term trend has been UP since Oct 17th, 2023 at 3439

short term up The short-term trend has been UP since Oct 6th, 2023 at 3379

Smart Scan Analysis for @CC.Z24

Based on our trend formula, @CC.Z24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for @CC.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3943 3982 3931 3956 +48
Prev. Close Volume Bid Ask Time
3908 2157 2023-12-07 12:49:19
52wk High400452wk High Date2023-11-29
52wk Low247552wk Low Date2023-01-20
Volatility17.73Expiration2024-12-13
Get a free daily analysis and signals for COCOA DECEMBER 2024 (@CC.Z24) - Request Your Free Report.