Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

HARD RED SPRING WHEAT DECEMBER 2019 (MGEX:@MW.Z19)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

MGEX_@MW.Z19
Open High Low @MW.Z19 Price Change
520.00 534.75 519.00 523.75 +3.50
Entry Signal

MarketClub’s Trade Triangles for @MW.Z19

long term down The long term trend has been DOWN since Aug 1st, 2019 at 529.5

intermediate term up The intermediate term trend has been UP since Sep 19th, 2019 at 515.5

short term up The short term trend has been UP since Sep 10th, 2019 at 502.0

Smart Scan Analysis for @MW.Z19

Based on a pre-defined weighted trend formula for chart analysis, @MW.Z19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for @MW.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
520.00 534.75 519.00 523.75 +3.50
Prev. Close Volume Bid Ask Time
520.25 8901 526.00 526.00 2019-09-20 14:29:58
52wk High67352wk High Date2018-08-07
52wk Low486.552wk Low Date2019-09-03
Volatility17.93Expiration2019-12-13
Want to analyze HARD RED SPRING WHEAT DECEMBER 2019 @MW.Z19 or another symbol? Try our Free Future Trend Analysis Report.