Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
SUGAR #11 WORLD MAY 2021 (ICE:@SB.K21)
Countertrend Up (+85) - @SB.K21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid @SB.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.K21
The long-term trend has been UP since Jul 31st, 2020 at 12.75
The intermediate-term trend has been UP since Apr 14th, 2021 at 15.86
The short-term trend has been DOWN since Apr 29th, 2021 at 16.82
Smart Scan Analysis for @SB.K21
Based on our trend formula, @SB.K21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||17.98||52wk High Date||2021-04-27|
|52wk Low||10.4||52wk Low Date||2020-04-28|