Analyze Symbol
Future Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
NY HARBOR ULSD HEATING OIL May 2020 (NYMEX:HO.K20)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for HO.K20
The long term trend has been DOWN since Nov 13th, 2018 at 2.0939
The intermediate term trend has been UP since Jan 9th, 2019 at 1.8740
The short term trend has been UP since Jan 4th, 2019 at 1.7600
Smart Scan Analysis for HO.K20
Based on a pre-defined weighted trend formula for chart analysis, HO.K20 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.9520 | 1.9520 | 1.9520 | 2.0369 | +0.0169 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.9100 | 155 | 2019-02-08 12:41:18 |
| Contract High | 2.3894 | Contract High Date | 2018-10-03 |
| Contract Low | 1.8752 | Contract Low Date | 2018-11-28 |
| First Delivery | 2020-05-28 | Expiration | 2020-04-30 |
| Open Time | 09:00 | Close Time | 14:30 |