Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
SUGAR #11 WORLD JULY 2021 (ICE:@SB.N21)
Long-Term Uptrend (+90) - @SB.N21 is in a strong uptrend that is likely to continue. While @SB.N21 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.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.N21
The long-term trend has been UP since Jul 31st, 2020 at 12.59
The intermediate-term trend has been UP since Apr 14th, 2021 at 15.64
The short-term trend has been UP since May 5th, 2021 at 17.32
Smart Scan Analysis for @SB.N21
Based on our trend formula, @SB.N21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||17.89||52wk High Date||2021-05-06|
|52wk Low||10.51||52wk Low Date||2020-04-28|