Future Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
NY HARBOR ULSD HEATING OIL Oct 2020 (NYMEX:QHO.V20)
Strong Downtrend (-100) - QHO.V20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QHO.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHO.V20
The long-term trend has been DOWN since Jan 26th, 2020 at 1.7496
The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9261
The short-term trend has been DOWN since Feb 21st, 2020 at 1.6970
Smart Scan Analysis for QHO.V20
Based on our trend formula, QHO.V20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.156||52wk High Date||2018-07-05|
|52wk Low||1.6288||52wk Low Date||2020-02-03|