Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
SUGAR #11 WORLD OCTOBER 2022 (ICE:@SB.V22)
Sidelines Mode (+55) - @SB.V22 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.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.V22
The long-term trend has been UP since Oct 6th, 2020 at 12.34
The intermediate-term trend has been UP since Apr 14th, 2021 at 14.31
The short-term trend has been DOWN since Jun 14th, 2021 at 15.80
Smart Scan Analysis for @SB.V22
Based on our trend formula, @SB.V22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.13||52wk High Date||2021-06-11|
|52wk Low||11.02||52wk Low Date||2020-05-14|