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Future Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

NY HARBOR ULSD HEATING OIL Dec 2023 (NYMEX:QHO.Z23)

Weak Downtrend (-65) - QHO.Z23 is showing signs of a strengthening downtrend. Monitor QHO.Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QHO.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.Z23.

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

NYMEX_QHO.Z23
Open High Low QHO.Z23 Price Change
2.8780 2.9273 2.7961 2.8256 -0.0629
Entry Signal

MarketClub’s Trade Triangles for QHO.Z23

long term down The long-term trend has been DOWN since Nov 8th, 2023 at 2.7683

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2023 at 3.0269

short term up The short-term trend has been UP since Nov 30th, 2023 at 2.8924

Smart Scan Analysis for QHO.Z23

Based on our trend formula, QHO.Z23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for QHO.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8780 2.9273 2.7961 2.8256 -0.0629
Prev. Close Volume Bid Ask Time
2.8885 3783 2.8185 2.8256 2023-11-30 14:27:12
52wk High3.265852wk High Date2023-09-15
52wk Low1.371552wk Low Date2020-05-13
Volatility29.75Expiration2023-11-30
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