Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
HARD RED WINTER WHEAT MARCH 2021 (KCBT:@KW.H21)
Long-Term Downtrend (-90) - @KW.H21 is in a strong downtrend that is likely to continue. While @KW.H21 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 @KW.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KW.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KW.H21
The long-term trend has been DOWN since Mar 12th, 2020 at 476.5
The intermediate-term trend has been DOWN since Aug 4th, 2020 at 455.0
The short-term trend has been DOWN since Jul 27th, 2020 at 462.5
Smart Scan Analysis for @KW.H21
Based on our trend formula, @KW.H21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||630||52wk High Date||2018-10-05|
|52wk Low||432.75||52wk Low Date||2020-08-07|