Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
SUGAR #16 JULY 2022 (ICE:@SFI.N22)
Sidelines Mode (-55) - @SFI.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 @SFI.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SFI.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SFI.N22
The long-term trend has been UP since Sep 15th, 2020 at 26.69
The intermediate-term trend has been DOWN since Apr 18th, 2022 at 36.50
The short-term trend has been UP since May 5th, 2022 at 36.50
Smart Scan Analysis for @SFI.N22
Based on our trend formula, @SFI.N22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||37.81||52wk High Date||2021-11-24|
|52wk Low||26.7||52wk Low Date||2020-09-15|