Future Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
SUGAR #11 WORLD JULY 2023 (ICE:@SB.N23)
Bull Market Weakness (+75) - @SB.N23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @SB.N23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @SB.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.N23
The long-term trend has been UP since Sep 2nd, 2020 at 12.24
The intermediate-term trend has been DOWN since Jan 12th, 2021 at 12.56
The short-term trend has been UP since Jan 25th, 2021 at 12.80
Smart Scan Analysis for @SB.N23
Based on our trend formula, @SB.N23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.99||52wk High Date||2021-01-07|
|52wk Low||11.64||52wk Low Date||2020-08-20|