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.
MarketClub’s Trade Triangles for QHO.Z23
The long-term trend has been DOWN since Nov 8th, 2023 at 2.7683
The intermediate-term trend has been DOWN since Oct 4th, 2023 at 3.0269
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).
|52wk High||3.2658||52wk High Date||2023-09-15|
|52wk Low||1.3715||52wk Low Date||2020-05-13|