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Future Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

CRUDE OIL Nov 2022 (NYMEX:QCL.X22)

Sidelines Mode (-55) - QCL.X22 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.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.X22.

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

NYMEX_QCL.X22
Open High Low QCL.X22 Price Change
97.75 97.75 97.75 97.98 +0.23
Entry Signal

MarketClub’s Trade Triangles for QCL.X22

long term up The long-term trend has been UP since Jan 11th, 2022 at 74.46

intermediate term down The intermediate-term trend has been DOWN since Jun 19th, 2022 at 101.93

short term up The short-term trend has been UP since Jun 28th, 2022 at 102.96

Smart Scan Analysis for QCL.X22

Based on our trend formula, QCL.X22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QCL.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
97.75 97.75 97.75 97.98 +0.23
Prev. Close Volume Bid Ask Time
97.75 19 97.82 97.88 2022-06-30 16:33:35
52wk High112.9852wk High Date2022-06-08
52wk Low39.0552wk Low Date2020-04-20
Volatility47.28Expiration2022-10-20
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