Index Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
Teucrium Sugar Fund (GIF:CANE)
Long-Term Uptrend (+90) - CANE is in a strong uptrend that is likely to continue. While CANE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CANE?
MarketClub looks at technical strength and momentum to determine if the timing is right for CANE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CANE
The long-term trend has been UP since Jul 31st, 2020 at 5.9970
The intermediate-term trend has been UP since Dec 24th, 2020 at 6.5471
The short-term trend has been UP since Jan 13th, 2021 at 6.8515
Smart Scan Analysis for CANE
Based on our trend formula, CANE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).