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Future Trend Analysis Report

Prepared for you on Wednesday, February 26, 2020.

DOMESTIC HOT-ROLLED COIL STEEL Mar 2020 (NYMEX:@HRC.H20)

Countertrend Up (+85) - @HRC.H20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid @HRC.H20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @HRC.H20.

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

NYMEX_@HRC.H20
Open High Low @HRC.H20 Price Change
567 574 567 573 0
Entry Signal

MarketClub’s Trade Triangles for @HRC.H20

long term up The long-term trend has been UP since Dec 2nd, 2019 at 590

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2020 at 571

short term down The short-term trend has been DOWN since Feb 26th, 2020 at 570

Smart Scan Analysis for @HRC.H20

Based on our trend formula, @HRC.H20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for @HRC.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
567 574 567 573 0
Prev. Close Volume Bid Ask Time
573 27 573 577 2020-02-26 12:02:21
52wk High67652wk High Date2019-03-27
52wk Low52352wk Low Date2019-10-03
Volatility12.33Expiration2020-03-24
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