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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.

NYMEX_QCL.X21
Open High Low QCL.X21 Price Change
82.60 83.73 82.55 83.24 +0.96
Entry Signal

MarketClub’s Trade Triangles for QCL.X21

long term up The long-term trend has been UP since Dec 7th, 2020 at 45.93

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 69.00

short term up 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).

+90
Smart Scan Analysis for QCL.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.60 83.73 82.55 83.24 +0.96
Prev. Close Volume Bid Ask Time
82.28 13612 83.24 83.25 2021-10-18 03:14:53
52wk High82.6652wk High Date2021-10-15
52wk Low32.6952wk Low Date2020-04-28
Volatility28.84Expiration2021-10-20
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