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Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
HARD RED SPRING WHEAT MAY 2022 (MGEX:@MW.K22)
Strong Uptrend (+100) - @MW.K22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @MW.K22 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.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.K22.
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.K22
The long-term trend has been UP since Feb 24th, 2022 at 1053.0
The intermediate-term trend has been UP since Apr 8th, 2022 at 1123.0
The short-term trend has been UP since May 10th, 2022 at 1180.5
Smart Scan Analysis for @MW.K22
Based on our trend formula, @MW.K22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1300.00 | 1300.00 | 1300.00 | 1300.00 | +20.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1279.75 | 4 | 2022-05-12 22:30:32 |
| 52wk High | 1300 | 52wk High Date | 2022-05-12 |
| 52wk Low | 575 | 52wk Low Date | 2020-09-18 |
| Volatility | 36.18 | Expiration | 2022-05-13 |