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Future Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

CRUDE OIL Apr 2024 (NYMEX:QCL.J24)

Sidelines Mode (+50) - QCL.J24 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QCL.J24 can gain momentum.

Is it time to buy, sell, or avoid QCL.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.J24.

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

NYMEX_QCL.J24
Open High Low QCL.J24 Price Change
67.14 67.14 67.14 65.00 -2.14
Entry Signal

MarketClub’s Trade Triangles for QCL.J24

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 77.78

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2023 at 75.58

short term up The short-term trend has been UP since Feb 27th, 2023 at 72.96

Smart Scan Analysis for QCL.J24

Based on our trend formula, QCL.J24 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for QCL.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.14 67.14 67.14 65.00 -2.14
Prev. Close Volume Bid Ask Time
70.05 88 67.56 67.61 2023-03-17 11:25:51
52wk High88.252wk High Date2022-06-16
52wk Low6552wk Low Date2023-03-17
Volatility26.15Expiration2024-03-20
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