Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
SUGAR #11 WORLD MAY 2023 (ICE:@SB.K23)
Long-Term Uptrend (+90) - @SB.K23 is in a strong uptrend that is likely to continue. While @SB.K23 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 @SB.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for @SB.K23
The long-term trend has been UP since Nov 8th, 2022 at 17.96
The intermediate-term trend has been UP since Jan 26th, 2023 at 18.86
The short-term trend has been UP since Mar 21st, 2023 at 20.85
Smart Scan Analysis for @SB.K23
Based on our trend formula, @SB.K23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.97 | 20.99 | 20.65 | 20.84 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.89 | 54542 | 20.88 | 20.90 | 2023-03-24 12:59:58 |
| 52wk High | 21.38 | 52wk High Date | 2023-03-22 |
| 52wk Low | 11.82 | 52wk Low Date | 2020-06-30 |
| Volatility | 21.06 | Expiration | 2023-04-28 |