Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

HARD RED SPRING WHEAT MAY 2020 (MGEX:@MW.K20)

Strong Downtrend (-100) - @MW.K20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @MW.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.K20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

MGEX_@MW.K20
Open High Low @MW.K20 Price Change
529.75 529.75 528.25 529.25 -0.75
Entry Signal

MarketClub’s Trade Triangles for @MW.K20

long term down The long-term trend has been DOWN since Aug 1st, 2019 at 556.50

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 552.25

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 539.50

Smart Scan Analysis for @MW.K20

Based on our trend formula, @MW.K20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @MW.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
529.75 529.75 528.25 529.25 -0.75
Prev. Close Volume Bid Ask Time
530.00 266 529.25 529.75 2020-02-27 04:37:51
52wk High63852wk High Date2018-11-06
52wk Low511.552wk Low Date2019-09-03
Volatility13.16Expiration2020-05-14
Get a free daily analysis and signals for HARD RED SPRING WHEAT MAY 2020 (@MW.K20) - Request Your Free Report.