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Future Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

DOMESTIC HOT-ROLLED COIL STEEL Feb 2020 (NYMEX:HRC.G20)

Sidelines Mode (-55) - HRC.G20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HRC.G20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.G20.

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

NYMEX_HRC.G20
Open High Low HRC.G20 Price Change
585 585 579 581 +5
Entry Signal

MarketClub’s Trade Triangles for HRC.G20

long term up The long-term trend has been UP since Dec 2nd, 2019 at 576

intermediate term down The intermediate-term trend has been DOWN since Jan 29th, 2020 at 582

short term up The short-term trend has been UP since Feb 12th, 2020 at 578

Smart Scan Analysis for HRC.G20

Based on our trend formula, HRC.G20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HRC.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
585 585 579 581 +5
Prev. Close Volume Bid Ask Time
604 82 2020-02-20 17:28:18
Expiration2020-02-25Open Time18:00
Close Time17:00
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