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.
MarketClub’s Trade Triangles for QCL.J24
The long-term trend has been DOWN since Jul 5th, 2022 at 77.78
The intermediate-term trend has been UP since Mar 7th, 2023 at 75.58
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).
|52wk High||88.2||52wk High Date||2022-06-16|
|52wk Low||65||52wk Low Date||2023-03-17|