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Future Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
SUGAR #11 WORLD MAY 2026 (ICE:@SB.K26)
Strong Downtrend (-100) - @SB.K26 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @SB.K26 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SB.K26?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K26.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @SB.K26
The long-term trend has been DOWN since Apr 15th, 2024 at 18.85
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 19.29
The short-term trend has been DOWN since May 9th, 2024 at 18.66
Smart Scan Analysis for @SB.K26
Based on our trend formula, @SB.K26 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.83 | 18.91 | 18.49 | 18.52 | -0.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.83 | 1354 | 2024-05-09 12:59:49 |
| 52wk High | 21.01 | 52wk High Date | 2023-12-04 |
| 52wk Low | 18.26 | 52wk Low Date | 2023-07-18 |
| Volatility | 12.28 | Expiration | 2026-04-30 |