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Index Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

NATIONAL CORN INDEX (MGEX:IC)

Long-Term Downtrend (-90) - IC is in a strong downtrend that is likely to continue. While IC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid IC?

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

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

MGEX_IC
Open High Low IC Price Change
642.86 642.86 642.86 642.86 -0.65
Entry Signal

MarketClub’s Trade Triangles for IC

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for IC

Based on our trend formula, IC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for IC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
642.86 642.86 642.86 642.86 -0.65
Prev. Close Volume Bid Ask Time
643.51 0 2023-03-21 08:00:52
52wk High800.7252wk High Date2022-05-17
52wk Low618.8952wk Low Date2023-03-10
Open Time20:00Close Time14:45
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