Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
SUGAR #16 SEPTEMBER 2021 (ICE:@SFI.U21)
Long-Term Uptrend (+90) - @SFI.U21 is in a strong uptrend that is likely to continue. While @SFI.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SFI.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SFI.U21
The long-term trend has been UP since Jul 23rd, 2020 at 26.96
The intermediate-term trend has been UP since Jul 2nd, 2021 at 34.00
The short-term trend has been UP since Jul 22nd, 2021 at 36.00
Smart Scan Analysis for @SFI.U21
Based on our trend formula, @SFI.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||37.75||52wk High Date||2021-07-27|
|52wk Low||26.65||52wk Low Date||2020-07-08|