Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, June 22, 2021.

HARD RED SPRING WHEAT DECEMBER 2021 (MGEX:@MW.Z21)

Strong Uptrend (+100) - @MW.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @MW.Z21 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.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.Z21.

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

MGEX_@MW.Z21
Open High Low @MW.Z21 Price Change
758.75 774.75 747.00 774.25 +10.25
Entry Signal

MarketClub’s Trade Triangles for @MW.Z21

long term up The long-term trend has been UP since Aug 31st, 2020 at 583.00

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2021 at 801.00

short term up The short-term trend has been UP since Jun 18th, 2021 at 775.75

Smart Scan Analysis for @MW.Z21

Based on our trend formula, @MW.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for @MW.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
758.75 774.75 747.00 774.25 +10.25
Prev. Close Volume Bid Ask Time
764.00 384 772.25 773.25 2021-06-21 12:07:17
52wk High83852wk High Date2021-06-06
52wk Low56252wk Low Date2020-08-14
Volatility26.6Expiration2021-12-14
Get a free daily analysis and signals for HARD RED SPRING WHEAT DECEMBER 2021 (@MW.Z21) - Request Your Free Report.