Future Trend Analysis Report
Prepared for you on Sunday, May 29, 2022.
CONWAY PROPANE (OPIS) JUNE 2022 (NYMEX:QA8K.M22)
Countertrend Up (+85) - QA8K.M22 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 QA8K.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA8K.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA8K.M22
The long-term trend has been UP since Jun 1st, 2020 at 0.42546
The intermediate-term trend has been UP since Aug 27th, 2021 at 0.84500
The short-term trend has been UP since Aug 24th, 2021 at 0.81813
Smart Scan Analysis for QA8K.M22
Based on our trend formula, QA8K.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).