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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

CRUDE OIL JUNE 2023 (NYMEX:QCL.M23)

Sidelines Mode (-55) - QCL.M23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QCL.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M23.

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

NYMEX_QCL.M23
Open High Low QCL.M23 Price Change
91.28 91.92 87.70 87.86 -3.18
Entry Signal

MarketClub’s Trade Triangles for QCL.M23

long term up The long-term trend has been UP since Jan 11th, 2022 at 70.46

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 91.68

short term up The short-term trend has been UP since Jun 28th, 2022 at 90.65

Smart Scan Analysis for QCL.M23

Based on our trend formula, QCL.M23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QCL.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.28 91.92 87.70 87.86 -3.18
Prev. Close Volume Bid Ask Time
91.04 13101 87.91 87.96 2022-06-30 10:49:35
52wk High100.4852wk High Date2022-06-08
52wk Low37.1252wk Low Date2020-05-04
Volatility40.11Expiration2023-05-22
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