Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
OATS Jul 2021 (CBOT:ZO.N21)
Sidelines Mode (+55) - ZO.N21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZO.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZO.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZO.N21
The long-term trend has been UP since Sep 17th, 2018 at 255
The intermediate-term trend has been UP since Feb 16th, 2021 at 350
The short-term trend has been DOWN since May 7th, 2021 at 411
Smart Scan Analysis for ZO.N21
Based on our trend formula, ZO.N21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).