Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
SUGAR #11 WORLD OCTOBER 2022 (ICE:@SB.V22)
Bull Market Weakness (+75) - @SB.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @SB.V22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @SB.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.V22
The long-term trend has been UP since Oct 6th, 2020 at 12.34
The intermediate-term trend has been UP since Oct 8th, 2021 at 18.86
The short-term trend has been DOWN since Nov 22nd, 2021 at 18.87
Smart Scan Analysis for @SB.V22
Based on our trend formula, @SB.V22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.38||52wk High Date||2021-11-18|
|52wk Low||11.02||52wk Low Date||2020-05-14|