Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
SUGAR #11 WORLD JULY 2024 (ICE:@SB.N24)
Countertrend Down (-85) - @SB.N24 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid @SB.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N24.
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.N24
The long-term trend has been DOWN since Dec 6th, 2023 at 22.86
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 20.88
The short-term trend has been UP since Apr 29th, 2024 at 19.79
Smart Scan Analysis for @SB.N24
Based on our trend formula, @SB.N24 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.30 | 19.52 | 19.18 | 19.32 | +0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.25 | 42472 | 2024-05-03 12:59:57 |
| Volatility | 24.96 |