Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Monday, January 25, 2021.
NY HARBOR ULSD HEATING OIL Aug 2021 (NYMEX:HO.Q21)
Countertrend Up (+85) - HO.Q21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid HO.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HO.Q21
The long-term trend has been UP since Nov 25th, 2020 at 1.4277
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.2647
The short-term trend has been DOWN since Jan 15th, 2021 at 1.5875
Smart Scan Analysis for HO.Q21
Based on our trend formula, HO.Q21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5927 | 1.5927 | 1.5901 | 1.5901 | +0.0021 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2470 | 151 | 2021-01-25 08:06:01 |
| Contract High | 2.2806 | Contract High Date | 2018-10-03 |
| Contract Low | 1.8933 | Contract Low Date | 2018-11-23 |
| First Delivery | 2021-08-30 | Expiration | 2021-07-30 |
| Open Time | 18:00 | Close Time | 17:00 |