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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.

NYMEX_QHPE.K22
Open High Low QHPE.K22 Price Change
0.65643 0.65643 0.65643 0.65643 0.00000
Entry Signal

MarketClub’s Trade Triangles for QHPE.K22

long term down The long-term trend has been DOWN since Sep 23rd, 2021 at 0.78

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.79

short term down 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).

-80
Smart Scan Analysis for QHPE.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65643 0.65643 0.65643 0.65643 0.00000
Prev. Close Volume Bid Ask Time
0.65643 0 2022-05-24 00:00:00
Volatility14.79Expiration2022-05-31
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