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Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
SOYBEAN MEAL Sep 2022 (CBOT:ZM.U22)
Crossroads (-60) - ZM.U22 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 ZM.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.U22.
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 ZM.U22
The long-term trend has been UP since Sep 11th, 2020 at 296
The intermediate-term trend has been DOWN since May 13th, 2021 at 372
The short-term trend has been DOWN since Jun 4th, 2021 at 373
Smart Scan Analysis for ZM.U22
Based on our trend formula, ZM.U22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 360.3 | 361.9 | 354.5 | 360.7 | +6.9 |
| Prev. Close | Volume | Bid | Ask | Time |
| 361.9 | 135 | 2021-06-18 14:15:38 |
| Expiration | 2022-09-14 | Open Time | 20:00 |
| Close Time | 14:20 |