Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
LOOP CRUDE OIL STORAGE NOVEMBER 2021 (NYMEX:QLPS.X21)
Strong Downtrend (-100) - QLPS.X21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QLPS.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QLPS.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QLPS.X21
The long-term trend has been DOWN since Sep 1st, 2020 at 0.11
The intermediate-term trend has been DOWN since Jan 5th, 2021 at 0.10
The short-term trend has been DOWN since Jan 5th, 2021 at 0.10
Smart Scan Analysis for QLPS.X21
Based on our trend formula, QLPS.X21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).