Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
CRUDE OIL NOVEMBER 2021 (NYMEX:QCL.X21)
Long-Term Uptrend (+90) - QCL.X21 is in a strong uptrend that is likely to continue. While QCL.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.X21
The long-term trend has been UP since Dec 7th, 2020 at 45.93
The intermediate-term trend has been UP since Aug 30th, 2021 at 69.00
The short-term trend has been UP since Oct 15th, 2021 at 81.68
Smart Scan Analysis for QCL.X21
Based on our trend formula, QCL.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||82.66||52wk High Date||2021-10-15|
|52wk Low||32.69||52wk Low Date||2020-04-28|