Future Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
SUGAR #11 WORLD JULY 2022 (ICE:@SB.N22)
Crossroads (-60) - @SB.N22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @SB.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.N22
The long-term trend has been UP since Sep 17th, 2020 at 12.43
The intermediate-term trend has been DOWN since Oct 20th, 2021 at 18.47
The short-term trend has been DOWN since Oct 14th, 2021 at 18.95
Smart Scan Analysis for @SB.N22
Based on our trend formula, @SB.N22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.48||52wk High Date||2021-10-11|
|52wk Low||11.02||52wk Low Date||2020-05-14|