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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

MONT BELVIEU ETHYLENE (PCW) FIN May 2022 (NYMEX:QMBN.K22)

Countertrend Down (-85) - QMBN.K22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NYMEX_QMBN.K22
Open High Low QMBN.K22 Price Change
0.28839 0.28839 0.28839 0.28839 0.00000
Entry Signal

MarketClub’s Trade Triangles for QMBN.K22

long term down The long-term trend has been DOWN since Jun 11th, 2021 at 0.24625

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 0.27000

short term up The short-term trend has been UP since Sep 14th, 2021 at 0.27125

Smart Scan Analysis for QMBN.K22

Based on our trend formula, QMBN.K22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QMBN.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28839 0.28839 0.28839 0.28839 0.00000
Prev. Close Volume Bid Ask Time
0.28839 0 2022-05-25 00:00:00
Volatility44.51Expiration2022-05-31
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