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Index Trend Analysis Report

Prepared for you on Tuesday, January 25, 2022.

NATIONAL SOYBEAN INDEX (MGEX:IS)

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

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

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

MGEX_IS
Open High Low IS Price Change
1368.56 1368.56 1368.56 1368.56 -11.09
Entry Signal

MarketClub’s Trade Triangles for IS

long term up The long-term trend has been UP since Dec 22nd, 2021 at 1267.70

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2021 at 1210.06

short term up The short-term trend has been UP since Jan 20th, 2022 at 1333.63

Smart Scan Analysis for IS

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

+100
Smart Scan Analysis for IS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1368.56 1368.56 1368.56 1368.56 -11.09
Prev. Close Volume Bid Ask Time
1368.56 0 2022-01-24 10:18:52
52wk High1646.5952wk High Date2021-05-13
52wk Low654.9552wk Low Date2021-07-19
Open Time20:00Close Time14:45
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