Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
HDPE HIGH DENSITY POLYETHYLENE CAL May 2022 (NYMEX:QHPE.K22)
Bear Market Rally (-75) - QHPE.K22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QHPE.K22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QHPE.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHPE.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHPE.K22
The long-term trend has been DOWN since Sep 23rd, 2021 at 0.78
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.79
The short-term trend has been DOWN since Sep 23rd, 2021 at 0.79
Smart Scan Analysis for QHPE.K22
Based on our trend formula, QHPE.K22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).