
Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
DOMESTIC HOT-ROLLED COIL STEEL Oct 2022 (NYMEX:HRC.V22)
Bear Market Rally (-75) - HRC.V22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HRC.V22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HRC.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HRC.V22
The long-term trend has been DOWN since May 18th, 2022 at 910
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 910
The short-term trend has been UP since Jun 24th, 2022 at 886
Smart Scan Analysis for HRC.V22
Based on our trend formula, HRC.V22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
870 | 900 | 870 | 894 | +5 |
Prev. Close | Volume | Bid | Ask | Time |
894 | 130 | 2022-06-29 11:48:31 |
Expiration | 2022-10-25 | Open Time | 18:00 |
Close Time | 17:00 |