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Future Trend Analysis Report

Prepared for you on Thursday, September 23, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Sep 2021 (NYMEX:HRC.U21)

Crossroads (+60) - HRC.U21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HRC.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.U21.

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

NYMEX_HRC.U21
Open High Low HRC.U21 Price Change
1935 1935 1935 1935 0
Entry Signal

MarketClub’s Trade Triangles for HRC.U21

long term up The long-term trend has been UP since Aug 28th, 2020 at 552

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 1918

short term down The short-term trend has been DOWN since Sep 20th, 2021 at 1918

Smart Scan Analysis for HRC.U21

Based on our trend formula, HRC.U21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HRC.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1935 1935 1935 1935 0
Prev. Close Volume Bid Ask Time
1935 3 2021-09-22 10:30:10
Expiration2021-09-28Open Time18:00
Close Time17:00
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