Free Daily Analysis

Futopt Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

CRUDE OIL JANUARY 2022 CALL 7600 (NYMEX:QCL.F22.7600C)

Long-Term Downtrend (-90) - QCL.F22.7600C is in a strong downtrend that is likely to continue. While QCL.F22.7600C is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCL.F22.7600C?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.F22.7600C.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QCL.F22.7600C
Open High Low QCL.F22.7600C Price Change
0.40 0.43 0.39 0.40 -0.04
Entry Signal

MarketClub’s Trade Triangles for QCL.F22.7600C

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QCL.F22.7600C

Based on our trend formula, QCL.F22.7600C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.F22.7600C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40 0.43 0.39 0.40 -0.04
Prev. Close Volume Bid Ask Time
0.44 13 0.38 0.41 2021-12-07 23:07:30
52wk High8.1252wk High Date2021-10-17
52wk Low0.1152wk Low Date2021-12-03
Volatility0.43Strike Price76
Expiration2021-12-15
Get a free daily analysis and signals for CRUDE OIL JANUARY 2022 CALL 7600 (QCL.F22.7600C) - Request Your Free Report.