Free Daily Analysis

Futopt Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

CRUDE OIL OCTOBER 2022 PUT 5800 (NYMEX:QCL.V22.5800P)

Long-Term Downtrend (-90) - QCL.V22.5800P is in a strong downtrend that is likely to continue. While QCL.V22.5800P 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.V22.5800P?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.V22.5800P.

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

NYMEX_QCL.V22.5800P
Open High Low QCL.V22.5800P Price Change
9.29 9.29 9.29 9.29 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.V22.5800P

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.V22.5800P

Based on our trend formula, QCL.V22.5800P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.V22.5800P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.29 9.29 9.29 9.29 0.00
Prev. Close Volume Bid Ask Time
9.29 0 2021-04-09 00:00:00
Volatility0.29Strike Price58
Expiration2022-09-15
Get a free daily analysis and signals for CRUDE OIL OCTOBER 2022 PUT 5800 (QCL.V22.5800P) - Request Your Free Report.