Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
NATIONAL CORN INDEX (MGEX:IC)
Strong Uptrend (+100) - IC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IC 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 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.
MarketClub’s Trade Triangles for IC
The long-term trend has been UP since Nov 3rd, 2021 at 629.60
The intermediate-term trend has been UP since Oct 27th, 2021 at 522.34
The short-term trend has been UP since Nov 11th, 2021 at 540.10
Smart Scan Analysis for IC
Based on our trend formula, IC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1210.06||52wk High Date||2021-11-03|
|52wk Low||402.05||52wk Low Date||2020-12-02|
|Open Time||20:00||Close Time||14:45|