Future Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
MINI-ARGUS BUTANE (SAUDI ARAMCO) Nov 2021 (NYMEX:QMAA.X21)
Long-Term Uptrend (+90) - QMAA.X21 is in a strong uptrend that is likely to continue. While QMAA.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QMAA.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMAA.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMAA.X21
The long-term trend has been UP since Nov 23rd, 2020 at 356.075
The intermediate-term trend has been UP since Aug 27th, 2021 at 672.380
The short-term trend has been UP since Aug 24th, 2021 at 651.800
Smart Scan Analysis for QMAA.X21
Based on our trend formula, QMAA.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).