Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

NY HARBOR ULSD HEATING OIL Dec 2020 (NYMEX:HO.Z20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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.

NYMEX_HO.Z20
Open High Low HO.Z20 Price Change
2.0322 2.0414 2.0302 2.0342 +0.0055
Entry Signal

MarketClub’s Trade Triangles for HO.Z20

long term up The long term trend has been UP since Apr 10th, 2019 at 2.0556

intermediate term down The intermediate term trend has been DOWN since Apr 29th, 2019 at 2.0401

short term down The short term trend has been DOWN since May 21st, 2019 at 2.0311

Smart Scan Analysis for HO.Z20

Based on a pre-defined weighted trend formula for chart analysis, HO.Z20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HO.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0322 2.0414 2.0302 2.0342 +0.0055
Prev. Close Volume Bid Ask Time
2.019 310 2019-05-21 13:35:38
Contract High2.3442Contract High Date2018-10-03
Contract Low1.8955Contract Low Date2018-11-28
First Delivery2020-12-30Expiration2020-11-30
Open Time18:00Close Time17:00
Want to analyze NY HARBOR ULSD HEATING OIL Dec 2020 HO.Z20 or another symbol? Try our Free Future Trend Analysis Report.