Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, April 19, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Oct 2021 (NYMEX:HRC.V21)

Strong Uptrend (+100) - HRC.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HRC.V21 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.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.V21.

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

NYMEX_HRC.V21
Open High Low HRC.V21 Price Change
1320 1325 1320 1335 0
Entry Signal

MarketClub’s Trade Triangles for HRC.V21

long term up The long-term trend has been UP since Aug 17th, 2020 at 550

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 765

short term up The short-term trend has been UP since Apr 6th, 2021 at 1051

Smart Scan Analysis for HRC.V21

Based on our trend formula, HRC.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for HRC.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1320 1325 1320 1335 0
Prev. Close Volume Bid Ask Time
1325 9 2021-04-16 08:59:43
Expiration2021-10-26Open Time18:00
Close Time17:00
Get a free daily analysis and signals for DOMESTIC HOT-ROLLED COIL STEEL Oct 2021 (HRC.V21) - Request Your Free Report.