Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
SUGAR #11 WORLD JULY 2022 (ICE:@SB.N22)
Sidelines Mode (+55) - @SB.N22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @SB.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.N22
The long-term trend has been UP since Sep 17th, 2020 at 12.43
The intermediate-term trend has been UP since Apr 14th, 2021 at 14.61
The short-term trend has been DOWN since Jun 14th, 2021 at 16.06
Smart Scan Analysis for @SB.N22
Based on our trend formula, @SB.N22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.5||52wk High Date||2021-06-11|
|52wk Low||11.02||52wk Low Date||2020-05-14|