Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

HARD RED SPRING WHEAT JULY 2022 (MGEX:@MW.N22)

Long-Term Uptrend (+90) - @MW.N22 is in a strong uptrend that is likely to continue. While @MW.N22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid @MW.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.N22.

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

MGEX_@MW.N22
Open High Low @MW.N22 Price Change
981.00 982.00 977.75 982.00 +12.25
Entry Signal

MarketClub’s Trade Triangles for @MW.N22

long term up The long-term trend has been UP since Jan 25th, 2021 at 606.75

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 870.75

short term up The short-term trend has been UP since Nov 18th, 2021 at 984.50

Smart Scan Analysis for @MW.N22

Based on our trend formula, @MW.N22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for @MW.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
981.00 982.00 977.75 982.00 +12.25
Prev. Close Volume Bid Ask Time
969.75 8 979.00 984.00 2021-12-01 00:14:55
52wk High1024.2552wk High Date2021-11-28
52wk Low61552wk Low Date2021-01-24
Volatility16.81Expiration2022-07-14
Get a free daily analysis and signals for HARD RED SPRING WHEAT JULY 2022 (@MW.N22) - Request Your Free Report.