Cotton Commodity Forecast

Buy or Hold candidate since Jun 16, 2026 Gain 2.14%

The Cotton commodity price fell by -0.326% on the last day (Monday, 22nd Jun 2026) from $79.67 to $79.41. During the last trading day the commodity fluctuated 2.40% from a day low at $77.55 to a day high of $79.41. The price has risen in 5 of the last 10 days and is up by 11.69% over the past 2 weeks. Volume has increased on the last day by 21 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 21 thousand shares were bought and sold for approximately $1.68 million.

The commodity lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the commodity is expected to rise 7.01% during the next 3 months and, with a 90% probability hold a price between $76.90 and $96.85 at the end of this 3-month period.

CTUSX Signals & Forecast

The Cotton commodity holds buy signals from both short and long-term Moving Averages giving a positive forecast for the commodity. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $78.97 and $77.46. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 10, 2026, and so far it has risen 11.69%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume rose on falling prices yesterday. This may be an early warning and the commodity should be followed more closely.

Support, Risk & Stop-loss for Cotton commodity

Cotton finds support from accumulated volume at $77.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This commodity has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the commodity moved $1.86 between high and low, or 2.40%. For the last week, the commodity has had daily average volatility of 1.60%.

Our recommended stop-loss: $77.42 (-2.50%) (This commodity has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (CTUSX) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Cotton to open at $78.79, and during the day (based on 14 day Average True Range), to move between $78.51 and $80.31, which gives a possible trading interval of +/-$1.80 (+/-2.29%) up or down from last closing price. If Cotton takes out the full calculated possible swing range there will be an estimated 2.29% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $79.79 (0.48%) than the support at $77.36 (2.58%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Cotton commodity A Buy?

Cotton holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $78.79 ( 0.781%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk