Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
CRUDE OIL MAY 2026 (NYMEX:QCL.K26)
Bull Market Weakness (+75) - QCL.K26 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QCL.K26 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QCL.K26?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.K26.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.K26
The long-term trend has been UP since Feb 1st, 2021 at 46.26
The intermediate-term trend has been UP since Sep 10th, 2021 at 54.03
The short-term trend has been UP since Sep 10th, 2021 at 53.74
Smart Scan Analysis for QCL.K26
Based on our trend formula, QCL.K26 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).