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.
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).
|52wk High||653.5||52wk High Date||2021-01-19|
|52wk Low||520.25||52wk Low Date||2020-08-12|