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Future Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

COPPER May 2021 (NYMEX:HG.K21)

Bull Market Weakness (+75) - HG.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HG.K21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HG.K21?

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

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

NYMEX_HG.K21
Open High Low HG.K21 Price Change
4.6985 4.7125 4.6220 4.6640 -0.0270
Entry Signal

MarketClub’s Trade Triangles for HG.K21

long term up The long-term trend has been UP since Jun 5th, 2020 at 2.5615

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 4.1650

short term down The short-term trend has been DOWN since May 13th, 2021 at 4.7090

Smart Scan Analysis for HG.K21

Based on our trend formula, HG.K21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HG.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6985 4.7125 4.6220 4.6640 -0.0270
Prev. Close Volume Bid Ask Time
4.6670 290 2021-05-14 16:41:05
Expiration2021-05-26Open Time18:00
Close Time17:00
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