Future Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
HARD RED WINTER WHEAT MARCH 2024 (KCBT:@KW.H24)
Long-Term Downtrend (-90) - @KW.H24 is in a strong downtrend that is likely to continue. While @KW.H24 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.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KW.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KW.H24
The long-term trend has been DOWN since Aug 29th, 2023 at 739.0
The intermediate-term trend has been DOWN since Aug 3rd, 2023 at 793.0
The short-term trend has been DOWN since Sep 27th, 2023 at 710.5
Smart Scan Analysis for @KW.H24
Based on our trend formula, @KW.H24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1080||52wk High Date||2022-05-20|
|52wk Low||671||52wk Low Date||2023-09-29|