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Prepared for you on Thursday, April 18, 2024.

COFFEE MAY 24/MAY 25 (ICE:@[email protected])

Long-Term Downtrend (-90) - @[email protected] is in a strong downtrend that is likely to continue. While @[email protected] is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @[email protected]?

MarketClub looks at technical strength and momentum to determine if the timing is right for @[email protected].

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

ICE_@KC.K24-@KC.K25
Open High Low @[email protected] Price Change
13.25 13.25 13.25 14.55 +1.30
Entry Signal

MarketClub’s Trade Triangles for @[email protected]

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @[email protected]

Based on our trend formula, @[email protected] is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @KC.K24-@KC.K25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.25 13.25 13.25 14.55 +1.30
Prev. Close Volume Bid Ask Time
13.25 0 2024-04-16 12:49:19
52wk High14.5552wk High Date2024-04-16
52wk Low-6.7500000052wk Low Date2023-07-12
Expiration2024-05-20
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