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Future Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
HARD RED SPRING WHEAT MARCH 2021 (MGEX:@MW.H21)
Strong Uptrend (+100) - @MW.H21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @MW.H21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid @MW.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @MW.H21
The long-term trend has been UP since Oct 8th, 2020 at 566.5
The intermediate-term trend has been UP since Dec 11th, 2020 at 573.0
The short-term trend has been UP since Feb 15th, 2021 at 630.5
Smart Scan Analysis for @MW.H21
Based on our trend formula, @MW.H21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 645.50 | 648.00 | 634.75 | 640.00 | -6.50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 646.50 | 1028 | 639.75 | 640.00 | 2021-02-25 10:42:01 |
| 52wk High | 653.5 | 52wk High Date | 2021-01-19 |
| 52wk Low | 520.25 | 52wk Low Date | 2020-08-12 |
| Volatility | 20.14 | Expiration | 2021-03-12 |