Future Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
SUGAR #11 WORLD MARCH 2021 (ICE:@SB.H21)
Bull Market Weakness (+75) - @SB.H21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @SB.H21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @SB.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.H21
The long-term trend has been UP since Jul 31st, 2020 at 13.00
The intermediate-term trend has been UP since Dec 28th, 2020 at 15.07
The short-term trend has been DOWN since Feb 26th, 2021 at 17.70
Smart Scan Analysis for @SB.H21
Based on our trend formula, @SB.H21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.94||52wk High Date||2021-02-23|
|52wk Low||10.29||52wk Low Date||2020-04-28|