Future Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
SUGAR #11 WORLD MARCH 2022 (ICE:@SB.H22)
Sidelines Mode (-55) - @SB.H22 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 @SB.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.H22
The long-term trend has been UP since Aug 13th, 2020 at 12.91
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 19.45
The short-term trend has been UP since Oct 25th, 2021 at 19.19
Smart Scan Analysis for @SB.H22
Based on our trend formula, @SB.H22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.94||52wk High Date||2021-08-17|
|52wk Low||11.38||52wk Low Date||2020-05-13|