Future Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
MONT BELVIEU LDH PROPANE OCTOBER 2023 (NYMEX:QB0.V23)
Weak Downtrend (-65) - QB0.V23 is showing signs of a strengthening downtrend. Monitor QB0.V23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QB0.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB0.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB0.V23
The long-term trend has been DOWN since May 1st, 2023 at 0.77667
The intermediate-term trend has been UP since Sep 5th, 2023 at 0.73125
The short-term trend has been DOWN since Sep 19th, 2023 at 0.76000
Smart Scan Analysis for QB0.V23
Based on our trend formula, QB0.V23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.77||52wk High Date||2023-09-18|
|52wk Low||0.67||52wk Low Date||2023-08-15|