Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, May 21, 2022.

LLDPE LINEAR LD POLYETHYLENE CAL MAY 2022 (NYMEX:QLPE.K22)

Sidelines Mode (-55) - QLPE.K22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QLPE.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QLPE.K22.

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

NYMEX_QLPE.K22
Open High Low QLPE.K22 Price Change
0.72381 0.72381 0.72381 0.72381 0.00000
Entry Signal

MarketClub’s Trade Triangles for QLPE.K22

long term down The long-term trend has been DOWN since Aug 4th, 2021 at 0.7

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2021 at 0.7

short term down The short-term trend has been DOWN since Sep 10th, 2021 at 0.7

Smart Scan Analysis for QLPE.K22

Based on our trend formula, QLPE.K22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QLPE.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.72381 0.72381 0.72381 0.72381 0.00000
Prev. Close Volume Bid Ask Time
0.72381 0 2022-05-20 00:00:00
Volatility11.89Expiration2022-05-31
Get a free daily analysis and signals for LLDPE LINEAR LD POLYETHYLENE CAL MAY 2022 (QLPE.K22) - Request Your Free Report.