Future Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
SUGAR #16 MAY 2023 (ICE:@SFI.K23)
Long-Term Uptrend (+90) - @SFI.K23 is in a strong uptrend that is likely to continue. While @SFI.K23 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 @SFI.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SFI.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SFI.K23
The long-term trend has been UP since Nov 15th, 2022 at 35.75
The intermediate-term trend has been UP since Jan 17th, 2023 at 36.50
The short-term trend has been UP since Feb 24th, 2023 at 36.99
Smart Scan Analysis for @SFI.K23
Based on our trend formula, @SFI.K23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||38.31||52wk High Date||2023-03-09|
|52wk Low||29.1||52wk Low Date||2021-06-28|