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Future Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
COCOA DECEMBER 2022 (ICE:@CC.Z22)
Bear Market Rally (-75) - @CC.Z22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @CC.Z22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @CC.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z22.
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 @CC.Z22
The long-term trend has been DOWN since May 6th, 2022 at 2517
The intermediate-term trend has been DOWN since Apr 19th, 2022 at 2598
The short-term trend has been UP since May 17th, 2022 at 2526
Smart Scan Analysis for @CC.Z22
Based on our trend formula, @CC.Z22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2510 | 2521 | 2475 | 2484 | -25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2489 | 5419 | 2482 | 2484 | 2022-05-20 11:35:38 |
| 52wk High | 2817 | 52wk High Date | 2022-02-10 |
| 52wk Low | 2370 | 52wk Low Date | 2021-07-20 |
| Volatility | 19.5 | Expiration | 2022-12-14 |