Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
ALUMINUM May 2021 (NYMEX:ALI.K21)
Bull Market Weakness (+75) - ALI.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALI.K21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ALI.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALI.K21
The long-term trend has been UP since Feb 17th, 2021 at 2099.25
The intermediate-term trend has been UP since Feb 17th, 2021 at 2099.25
The short-term trend has been UP since Mar 11th, 2021 at 2207.00
Smart Scan Analysis for ALI.K21
Based on our trend formula, ALI.K21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).