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Future Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
SUGAR #11 WORLD OCTOBER 2024 (ICE:@SB.V24)
Long-Term Downtrend (-90) - @SB.V24 is in a strong downtrend that is likely to continue. While @SB.V24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SB.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.V24.
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.V24
The long-term trend has been DOWN since Dec 6th, 2023 at 22.37
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 20.91
The short-term trend has been DOWN since Apr 25th, 2024 at 19.57
Smart Scan Analysis for @SB.V24
Based on our trend formula, @SB.V24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.23 | 19.63 | 19.12 | 19.48 | +0.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.23 | 5185 | 19.47 | 19.49 | 2024-04-26 08:10:45 |
| 52wk High | 24.98 | 52wk High Date | 2023-11-07 |
| 52wk Low | 15.34 | 52wk Low Date | 2022-01-28 |
| Volatility | 22.46 | Expiration | 2024-09-30 |