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Future Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

BRENT CRUDE OIL LAST DAY AUGUST 2020 (NYMEX:QBZ.Q20)

Bull Market Weakness (+75) - QBZ.Q20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBZ.Q20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QBZ.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Q20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QBZ.Q20
Open High Low QBZ.Q20 Price Change
39.38 39.72 39.06 39.38 -0.41
Entry Signal

MarketClub’s Trade Triangles for QBZ.Q20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 55.81

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 33.46

short term up The short-term trend has been UP since May 15th, 2020 at 32.20

Smart Scan Analysis for QBZ.Q20

Based on our trend formula, QBZ.Q20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QBZ.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.38 39.72 39.06 39.38 -0.41
Prev. Close Volume Bid Ask Time
39.79 4346 39.37 39.38 2020-06-04 05:06:21
52wk High66.6652wk High Date2020-01-07
52wk Low22.552wk Low Date2020-04-22
Volatility82.01Expiration2020-06-30
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