Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
ARGUS PROPANE (SAUDI ARAMCO) Nov 2021 (NYMEX:Q9N.X21)
Long-Term Uptrend (+90) - Q9N.X21 is in a strong uptrend that is likely to continue. While Q9N.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid Q9N.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q9N.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q9N.X21
The long-term trend has been UP since Jul 20th, 2020 at 332.879
The intermediate-term trend has been UP since Sep 1st, 2021 at 684.400
The short-term trend has been UP since Aug 24th, 2021 at 656.602
Smart Scan Analysis for Q9N.X21
Based on our trend formula, Q9N.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).