Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
MONT BELVIEU ETHYLENE (PCW) FIN Jun 2022 (NYMEX:QMBN.M22)
Sidelines Mode (+50) - QMBN.M22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QMBN.M22 can gain momentum.
Is it time to buy, sell, or avoid QMBN.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBN.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMBN.M22
The long-term trend has been DOWN since Jun 11th, 2021 at 0.24625
The intermediate-term trend has been UP since Sep 30th, 2021 at 0.28500
The short-term trend has been UP since Sep 22nd, 2021 at 0.26125
Smart Scan Analysis for QMBN.M22
Based on our trend formula, QMBN.M22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).