Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
HARD RED WINTER WHEAT MAY 2023 (KCBT:@KW.K23)
Strong Downtrend (-100) - @KW.K23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @KW.K23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @KW.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KW.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KW.K23
The long-term trend has been DOWN since Jul 1st, 2022 at 975.25
The intermediate-term trend has been DOWN since Jun 1st, 2022 at 1158.25
The short-term trend has been DOWN since Aug 17th, 2022 at 872.50
Smart Scan Analysis for @KW.K23
Based on our trend formula, @KW.K23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1326.25||52wk High Date||2022-05-17|
|52wk Low||678||52wk Low Date||2021-06-04|