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Spread Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
SUGAR #11 WORLD JUL 24/JUL 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.
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MarketClub’s Trade Triangles for @[email protected]
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.58 | 0.59 | 0.47 | 0.54 | +0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.45 | 12 | 2024-05-09 12:54:57 |
| 52wk High | 4.09 | 52wk High Date | 2023-09-05 |
| 52wk Low | 0.16 | 52wk Low Date | 2022-08-23 |
| Expiration | 2024-06-28 |