Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
SUGAR #11 WORLD MARCH 2022 (ICE:@SB.H22)
Bull Market Weakness (+75) - @SB.H22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @SB.H22 as it may be in the beginning stages of a reversal.
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 UP since Nov 9th, 2020 at 13.65
The short-term trend has been DOWN since Nov 20th, 2020 at 13.77
Smart Scan Analysis for @SB.H22
Based on our trend formula, @SB.H22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.3||52wk High Date||2019-04-16|
|52wk Low||11.38||52wk Low Date||2020-05-13|