Future Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
ALUMINUM May 2021 (NYMEX:ALI.K21)
Countertrend Up (+85) - ALI.K21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ALI.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALI.K21
The long-term trend has been UP since Feb 17th, 2021 at 2099.25
The intermediate-term trend has been UP since Feb 17th, 2021 at 2099.25
The short-term trend has been UP since Mar 11th, 2021 at 2207.00
Smart Scan Analysis for ALI.K21
Based on our trend formula, ALI.K21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).