Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, September 21, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Nov 2021 (NYMEX:HRC.X21)

Weak Downtrend (-65) - HRC.X21 is showing signs of a strengthening downtrend. Monitor HRC.X21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HRC.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.X21.

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

NYMEX_HRC.X21
Open High Low HRC.X21 Price Change
1690 1698 1670 1670 -34
Entry Signal

MarketClub’s Trade Triangles for HRC.X21

long term up The long-term trend has been UP since Oct 26th, 2020 at 578

intermediate term down The intermediate-term trend has been DOWN since Sep 17th, 2021 at 1705

short term down The short-term trend has been DOWN since Sep 13th, 2021 at 1830

Smart Scan Analysis for HRC.X21

Based on our trend formula, HRC.X21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HRC.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1690 1698 1670 1670 -34
Prev. Close Volume Bid Ask Time
1704 71 2021-09-21 15:30:02
Expiration2021-11-23Open Time18:00
Close Time17:00
Get a free daily analysis and signals for DOMESTIC HOT-ROLLED COIL STEEL Nov 2021 (HRC.X21) - Request Your Free Report.