Future Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
COFFEE MAY 2021 (ICE:@KC.K21)
Sidelines Mode (-55) - @KC.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @KC.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.K21
The long-term trend has been DOWN since Feb 3rd, 2020 at 114.85
The intermediate-term trend has been DOWN since Mar 9th, 2020 at 115.05
The short-term trend has been UP since Apr 7th, 2020 at 124.80
Smart Scan Analysis for @KC.K21
Based on our trend formula, @KC.K21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||150.65||52wk High Date||2019-12-17|
|52wk Low||109.7||52wk Low Date||2019-10-16|