Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

COCOA MAY 2020 (ICE:@CC.K20)

Long-Term Uptrend (+90) - @CC.K20 is in a strong uptrend that is likely to continue. While @CC.K20 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 @CC.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K20.

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

ICE_@CC.K20
Open High Low @CC.K20 Price Change
2899 2903 2827 2864 -22
Entry Signal

MarketClub’s Trade Triangles for @CC.K20

long term up The long-term trend has been UP since Nov 12th, 2019 at 2565

intermediate term up The intermediate-term trend has been UP since Jan 14th, 2020 at 2547

short term up The short-term trend has been UP since Jan 30th, 2020 at 2798

Smart Scan Analysis for @CC.K20

Based on our trend formula, @CC.K20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for @CC.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2899 2903 2827 2864 -22
Prev. Close Volume Bid Ask Time
2846 19871 2020-02-18 13:29:59
52wk High293552wk High Date2020-02-07
52wk Low211552wk Low Date2018-10-01
Volatility22.15Expiration2020-05-13
Get a free daily analysis and signals for COCOA MAY 2020 (@CC.K20) - Request Your Free Report.