Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Apr 2021 (NYMEX:HRC.J21)

Strong Uptrend (+100) - HRC.J21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HRC.J21 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 HRC.J21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.J21.

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

NYMEX_HRC.J21
Open High Low HRC.J21 Price Change
1267 1301 1267 1296 +31
Entry Signal

MarketClub’s Trade Triangles for HRC.J21

long term up The long-term trend has been UP since Jun 3rd, 2020 at 540

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 582

short term up The short-term trend has been UP since Feb 1st, 2021 at 1002

Smart Scan Analysis for HRC.J21

Based on our trend formula, HRC.J21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for HRC.J21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1267 1301 1267 1296 +31
Prev. Close Volume Bid Ask Time
1296 111 2021-03-02 17:28:42
Expiration2021-04-27Open Time18:00
Close Time17:00
Get a free daily analysis and signals for DOMESTIC HOT-ROLLED COIL STEEL Apr 2021 (HRC.J21) - Request Your Free Report.