Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
HARD RED SPRING WHEAT SEPTEMBER 2022 (MGEX:@MW.U22)
Strong Uptrend (+100) - @MW.U22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @MW.U22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid @MW.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MW.U22
The long-term trend has been UP since Mar 5th, 2021 at 625.0
The intermediate-term trend has been UP since Sep 15th, 2021 at 789.0
The short-term trend has been UP since Oct 15th, 2021 at 825.5
Smart Scan Analysis for @MW.U22
Based on our trend formula, @MW.U22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||842.5||52wk High Date||2021-10-22|
|52wk Low||615||52wk Low Date||2021-02-26|