Score 7.4 (out of 10): COPPER FUTURE sets up for 5.4% rally in 2 months

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Insight:

COPPER FUTURE has triggered a new technical analysis ‘buy the dip’ signal. During similar occasions, COPPER FUTURE shares had a median return of +5.4%, over the following 2 months – based on 10 historical occasions with 7 of those showing positive returns (70%). This buy signal for COPPER FUTURE received a high score of 7.4 (out of 10). This insight was generated on 2021-August-18 with last price of 442.95. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky.

Details:

NameCOPPER FUTURE
ViewUp
Star (1 to 10)7.4
Target+5.4%
Time2 months
Hit Rate70%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

-1% (August-2021), 1.5% (May-2021), 11.1% (March-2021), 11.6% (January-2021), 14.4% (September-2020), 2.9% (July-2020), 22.1% (May-2020), -8.2% (January-2020), 7.9% (October-2019), -1% (July-2019).

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