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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.
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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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 828.75 | 842.50 | 828.75 | 836.50 | +7.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 828.75 | 537 | 800.75 | 845.00 | 2021-10-22 14:16:58 |
| 52wk High | 842.5 | 52wk High Date | 2021-10-22 |
| 52wk Low | 615 | 52wk Low Date | 2021-02-26 |
| Volatility | 17.58 | Expiration | 2022-09-14 |