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Future Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

COPPER Jun 2022 (NYMEX:HG.M22)

Sidelines Mode (-55) - HG.M22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HG.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.M22.

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

NYMEX_HG.M22
Open High Low HG.M22 Price Change
4.269 4.321 4.255 4.304 +0.048
Entry Signal

MarketClub’s Trade Triangles for HG.M22

long term down The long-term trend has been DOWN since May 1st, 2022 at 4.3705

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2022 at 4.6815

short term up The short-term trend has been UP since May 27th, 2022 at 4.3205

Smart Scan Analysis for HG.M22

Based on our trend formula, HG.M22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HG.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.269 4.321 4.255 4.304 +0.048
Prev. Close Volume Bid Ask Time
4.321 296 2022-05-27 15:08:56
Expiration2022-06-28Open Time08:10
Close Time13:00
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