Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

COPPER Jun 2021 (NYMEX:HG.M21)

Countertrend Up (+85) - HG.M21 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 HG.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.M21.

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

NYMEX_HG.M21
Open High Low HG.M21 Price Change
4.1305 4.1725 4.1305 4.0930 +0.0785
Entry Signal

MarketClub’s Trade Triangles for HG.M21

long term up The long-term trend has been UP since Jun 3rd, 2020 at 2.5075

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2021 at 3.6735

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 4.2055

Smart Scan Analysis for HG.M21

Based on our trend formula, HG.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HG.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1305 4.1725 4.1305 4.0930 +0.0785
Prev. Close Volume Bid Ask Time
4.0885 15 2021-02-28 20:58:24
Expiration2021-06-28Open Time08:10
Close Time13:00
Get a free daily analysis and signals for COPPER Jun 2021 (HG.M21) - Request Your Free Report.