Free Daily Analysis

Futopt Trend Analysis Report

Prepared for you on Friday, May 20, 2022.

RBOB GASOLINE NOVEMBER 2022 CALL 20900 (NYMEX:QRB.X22.20900C)

Strong Downtrend (-100) - QRB.X22.20900C is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QRB.X22.20900C continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QRB.X22.20900C?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.X22.20900C.

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

NYMEX_QRB.X22.20900C
Open High Low QRB.X22.20900C Price Change
0.9776 0.9776 0.9776 0.9776 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.X22.20900C

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 QRB.X22.20900C

Based on our trend formula, QRB.X22.20900C is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QRB.X22.20900C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9776 0.9776 0.9776 0.9776 0.0000
Prev. Close Volume Bid Ask Time
0.9776 0 2022-05-19 00:00:00
Volatility0.72Strike Price2.09
Expiration2022-10-26
Get a free daily analysis and signals for RBOB GASOLINE NOVEMBER 2022 CALL 20900 (QRB.X22.20900C) - Request Your Free Report.