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Future Trend Analysis Report

Prepared for you on Friday, May 14, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Jun 2021 (NYMEX:HRC.M21)

Weak Uptrend (+65) - HRC.M21 is showing signs of weakening momentum to the upside. Monitor HRC.M21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HRC.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.M21.

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

NYMEX_HRC.M21
Open High Low HRC.M21 Price Change
1535 1541 1500 1541 -9
Entry Signal

MarketClub’s Trade Triangles for HRC.M21

long term up The long-term trend has been UP since Aug 31st, 2020 at 553

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2021 at 910

short term down The short-term trend has been DOWN since May 13th, 2021 at 1615

Smart Scan Analysis for HRC.M21

Based on our trend formula, HRC.M21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for HRC.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1535 1541 1500 1541 -9
Prev. Close Volume Bid Ask Time
1550 54 2021-05-14 09:30:46
Expiration2021-06-29Open Time18:00
Close Time17:00
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