Positive signal:
-The MACD signal line has broken the MACD indicator upward.
On balance, Sugar 11 ICE Oct 25's short-term indicators point to a downtrend (MACD<0, Stochastics<50, MA50 falling) but with positive momentum (MACD above signal line, Stochastics signal line rising).
This indicates that there is an upward correction in the downtrend.
Text and advice are based on the closing price of Tuesday 8 July 2025.
Source: www.vdvm.nl
VDVM Research & Investment Consultancy.This analysis is generated by models and is therefore objectively and independently produced. (not influenced by an analyst's opinion)