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Future Trend Analysis Report

Prepared for you on Monday, January 25, 2021.

CRUDE OIL Feb 2021 (NYMEX:QCL.G21)

Long-Term Uptrend (+90) - QCL.G21 is in a strong uptrend that is likely to continue. While QCL.G21 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 QCL.G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.G21.

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

NYMEX_QCL.G21
Open High Low QCL.G21 Price Change
53.13 53.79 53.05 53.28 +0.30
Entry Signal

MarketClub’s Trade Triangles for QCL.G21

long term up The long-term trend has been UP since Nov 24th, 2020 at 44.83

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 42.40

short term up The short-term trend has been UP since Jan 20th, 2021 at 53.38

Smart Scan Analysis for QCL.G21

Based on our trend formula, QCL.G21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QCL.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.13 53.79 53.05 53.28 +0.30
Prev. Close Volume Bid Ask Time
52.98 0 2021-01-20 14:29:37
52wk High58.4652wk High Date2019-04-10
52wk Low27.2252wk Low Date2020-04-22
Volatility36.14Expiration2021-01-20
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