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Future Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

COPPER Sep 2021 (NYMEX:HG.U21)

Long-Term Uptrend (+90) - HG.U21 is in a strong uptrend that is likely to continue. While HG.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid HG.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.U21.

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

NYMEX_HG.U21
Open High Low HG.U21 Price Change
4.7980 4.8250 4.7745 4.7880 -0.0120
Entry Signal

MarketClub’s Trade Triangles for HG.U21

long term up The long-term trend has been UP since Apr 15th, 2020 at 2.1500

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 4.1560

short term up The short-term trend has been UP since Apr 14th, 2021 at 4.0545

Smart Scan Analysis for HG.U21

Based on our trend formula, HG.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HG.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7980 4.8250 4.7745 4.7880 -0.0120
Prev. Close Volume Bid Ask Time
4.8000 2172 2021-05-12 07:57:01
Expiration2021-09-28Open Time08:10
Close Time13:00
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