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Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
COFFEE DECEMBER 2023 (ICE:@KC.Z23)
Long-Term Uptrend (+90) - @KC.Z23 is in a strong uptrend that is likely to continue. While @KC.Z23 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 @KC.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.Z23.
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 @KC.Z23
The long-term trend has been UP since Oct 24th, 2023 at 167.50
The intermediate-term trend has been UP since Oct 16th, 2023 at 155.65
The short-term trend has been UP since Nov 24th, 2023 at 179.60
Smart Scan Analysis for @KC.Z23
Based on our trend formula, @KC.Z23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 187.25 | 187.25 | 187.25 | 187.25 | +1.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 185.50 | 2 | 183.15 | 187.55 | 2023-12-08 10:17:42 |
| 52wk High | 246.25 | 52wk High Date | 2021-11-24 |
| 52wk Low | 135.6 | 52wk Low Date | 2021-02-12 |
| Volatility | 32.45 | Expiration | 2023-12-18 |