Sugar SUGAR technical analysis

SUGAR trades at $20.5, down 0.10% over 24h, holding a daily uptrend with SMA20 at 19.7995, SMA50 at 18.5434 and SMA200 at 15.5394. Momentum is mixed: 4h RSI14 is 41 while daily RSI14 sits at 67.

Price is pinned between 4h support at 20.4392-20.5007 and resistance at 20.5693-20.6308, each with 1 touch. Above sits resistance at 21.18-21.29 (3 touches); below, support at 19.9-20 (2 touches) and the daily zone at 19.9692-20.0308 (1 touch).

Bulls would need a hold above 20.6308 toward 21.18-21.29; bears would need a break of 20.4392 toward 19.9-20.