Future Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
CRUDE OIL JUNE 2021 (NYMEX:QCL.M21)
Long-Term Uptrend (+90) - QCL.M21 is in a strong uptrend that is likely to continue. While QCL.M21 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.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.M21
The long-term trend has been UP since Nov 24th, 2020 at 45.59
The intermediate-term trend has been UP since Apr 14th, 2021 at 62.22
The short-term trend has been UP since Apr 13th, 2021 at 59.94
Smart Scan Analysis for QCL.M21
Based on our trend formula, QCL.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||67.29||52wk High Date||2021-03-07|
|52wk Low||29.09||52wk Low Date||2020-04-22|