Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

MONT BELVIEU SPOT ETHYLENE (PCW) IN WELL JANUARY 2022 (NYMEX:QMBE.F22)

Long-Term Uptrend (+90) - QMBE.F22 is in a strong uptrend that is likely to continue. While QMBE.F22 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 QMBE.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMBE.F22.

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

NYMEX_QMBE.F22
Open High Low QMBE.F22 Price Change
0.40875 0.40875 0.40875 0.40875 0.00000
Entry Signal

MarketClub’s Trade Triangles for QMBE.F22

long term up The long-term trend has been UP since Dec 3rd, 2020 at 0.1875

intermediate term up The intermediate-term trend has been UP since Jul 20th, 2021 at 0.3200

short term up The short-term trend has been UP since Sep 14th, 2021 at 0.3300

Smart Scan Analysis for QMBE.F22

Based on our trend formula, QMBE.F22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QMBE.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40875 0.40875 0.40875 0.40875 0.00000
Prev. Close Volume Bid Ask Time
0.40875 0 2022-01-26 00:00:00
Volatility43.15Expiration2022-01-28
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