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Future Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

SUGAR #11 WORLD MAY 2024 (ICE:@SB.K24)

Strong Downtrend (-100) - @SB.K24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @SB.K24 continues to fall. Traders should use caution and set stops.

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.

ICE_@SB.K24
Open High Low @SB.K24 Price Change
19.44 20.00 19.35 19.41 -0.07
Entry Signal

MarketClub’s Trade Triangles for @SB.K24

long term down The long-term trend has been DOWN since Dec 4th, 2023 at 24.03

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 21.13

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 19.71

Smart Scan Analysis for @SB.K24

Based on our trend formula, @SB.K24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @SB.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.44 20.00 19.35 19.41 -0.07
Prev. Close Volume Bid Ask Time
19.48 51400 2024-04-26 12:59:48
52wk High26.7652wk High Date2023-11-07
52wk Low13.8252wk Low Date2021-06-17
Volatility27.95Expiration2024-04-30
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