Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
COFFEE MAY 2024 (ICE:@KC.K24)
Bear Market Rally (-75) - @KC.K24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @KC.K24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @KC.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.K24
The long-term trend has been DOWN since Jul 18th, 2022 at 190.9
The intermediate-term trend has been UP since Aug 11th, 2022 at 198.7
The short-term trend has been DOWN since Aug 30th, 2022 at 213.9
Smart Scan Analysis for @KC.K24
Based on our trend formula, @KC.K24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||244.9||52wk High Date||2021-11-24|
|52wk Low||170.05||52wk Low Date||2021-07-14|