Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
SUGAR #11 WORLD MAY 2024 (ICE:@SB.K24)
Long-Term Uptrend (+90) - @SB.K24 is in a strong uptrend that is likely to continue. While @SB.K24 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @SB.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.K24
The long-term trend has been UP since Jun 8th, 2021 at 13.97
The intermediate-term trend has been UP since May 17th, 2022 at 17.70
The short-term trend has been UP since May 13th, 2022 at 17.58
Smart Scan Analysis for @SB.K24
Based on our trend formula, @SB.K24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.4||52wk High Date||2022-05-23|
|52wk Low||13.82||52wk Low Date||2021-06-17|