Future Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
SUGAR #16 JULY 2023 (ICE:@SFI.N23)
Crossroads (-60) - @SFI.N23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @SFI.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SFI.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SFI.N23
The long-term trend has been UP since Nov 16th, 2022 at 36.00
The intermediate-term trend has been DOWN since May 19th, 2023 at 42.80
The short-term trend has been DOWN since Apr 26th, 2023 at 43.24
Smart Scan Analysis for @SFI.N23
Based on our trend formula, @SFI.N23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||43.5||52wk High Date||2023-04-20|
|52wk Low||31.2||52wk Low Date||2021-08-04|