Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

HARD RED SPRING WHEAT MAY 2021 (MGEX:@MW.K21)

Strong Uptrend (+100) - @MW.K21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @MW.K21 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.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.K21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

MGEX_@MW.K21
Open High Low @MW.K21 Price Change
784.50 784.50 784.50 764.25 -20.25
Entry Signal

MarketClub’s Trade Triangles for @MW.K21

long term up The long-term trend has been UP since Apr 14th, 2021 at 662.00

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 640.00

short term up The short-term trend has been UP since May 3rd, 2021 at 763.25

Smart Scan Analysis for @MW.K21

Based on our trend formula, @MW.K21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for @MW.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
784.50 784.50 784.50 764.25 -20.25
Prev. Close Volume Bid Ask Time
784.50 2 2021-05-05 00:15:20
52wk High769.2552wk High Date2021-05-04
52wk Low530.2552wk Low Date2020-08-12
Volatility22.5Expiration2021-05-14
Get a free daily analysis and signals for HARD RED SPRING WHEAT MAY 2021 (@MW.K21) - Request Your Free Report.