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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

CRUDE OIL Feb 2023 (NYMEX:QCL.G23)

Crossroads (+60) - QCL.G23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QCL.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.G23.

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

NYMEX_QCL.G23
Open High Low QCL.G23 Price Change
95.53 95.53 95.44 95.50 +0.15
Entry Signal

MarketClub’s Trade Triangles for QCL.G23

long term up The long-term trend has been UP since Jan 11th, 2022 at 72.21

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 88.07

short term down The short-term trend has been DOWN since May 19th, 2022 at 90.84

Smart Scan Analysis for QCL.G23

Based on our trend formula, QCL.G23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for QCL.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.53 95.53 95.44 95.50 +0.15
Prev. Close Volume Bid Ask Time
95.35 99 95.59 95.64 2022-05-26 04:40:43
52wk High98.552wk High Date2022-03-06
52wk Low40.0552wk Low Date2020-05-18
Volatility40.97Expiration2023-01-20
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