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Steel Scrap Feb '20 (C-G20)

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Quote Overview for [[ item.sessionDateDisplayLong ]]
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[[ rowChartData.labelHigh ]]
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Contract Specifications

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Contract
Steel Scrap
Contract Size
10 tonnes
Tick Size
$0.50 ($5.00 per contract)
Trading Hours
1:00a.m. - 7:00p.m. GMT
Exchange
LME
Point Value
$10
Expiration Date
02/28/20 (33 days)

Seasonal Chart

Steel Scrap Feb '20
Average Price Chart for 5 Prior Feb Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
275.00 +0.36%
on 01/24/20
300.00 -8.00%
on 01/13/20
-24.50 (-8.15%)
since 12/24/19
3-Month
251.00 +9.96%
on 10/30/19
303.00 -8.91%
on 12/18/19
+21.50 (+8.45%)
since 10/24/19
52-Week
245.50 +12.42%
on 10/15/19
316.00 -12.66%
on 03/18/19
-8.00 (-2.82%)
since 01/24/19

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Barchart Technical Opinion

The Barchart Technical Opinion rating is a 32% Sell with a Average short term outlook on maintaining the current direction.

The market is approaching oversold territory. Be watchful of a trend reversal.

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Key Turning Points

2nd Resistance Point 276.67
1st Resistance Point 276.33
Last Price 276.00s
1st Support Level 275.33
2nd Support Level 274.67

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52-Week High 316.00
Fibonacci 61.8% 289.07
Fibonacci 50% 280.75
Last Price 276.00s
Fibonacci 38.2% 272.43
52-Week Low 245.50

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