Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Nov 2021 (NYMEX:HRC.X21)

Strong Uptrend (+100) - HRC.X21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HRC.X21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid HRC.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.X21.

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

NYMEX_HRC.X21
Open High Low HRC.X21 Price Change
1805 1805 1805 1799 +3
Entry Signal

MarketClub’s Trade Triangles for HRC.X21

long term up The long-term trend has been UP since Oct 26th, 2020 at 578

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 1830

short term up The short-term trend has been UP since Nov 22nd, 2021 at 1804

Smart Scan Analysis for HRC.X21

Based on our trend formula, HRC.X21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for HRC.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1805 1805 1805 1799 +3
Prev. Close Volume Bid Ask Time
1805 2 2021-11-22 18:33:57
Expiration2021-11-23Open Time18:00
Close Time17:00
Get a free daily analysis and signals for DOMESTIC HOT-ROLLED COIL STEEL Nov 2021 (HRC.X21) - Request Your Free Report.