Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
COFFEE MAY 2024 (ICE:@KC.K24)
Weak Uptrend (+65) - @KC.K24 is showing signs of weakening momentum to the upside. Monitor @KC.K24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @KC.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.K24
The long-term trend has been UP since Nov 6th, 2023 at 168.95
The intermediate-term trend has been UP since Oct 16th, 2023 at 154.75
The short-term trend has been DOWN since Dec 6th, 2023 at 174.00
Smart Scan Analysis for @KC.K24
Based on our trend formula, @KC.K24 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||244.9||52wk High Date||2021-11-24|
|52wk Low||145.9||52wk Low Date||2023-01-11|