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Future Trend Analysis Report
Prepared for you on Saturday, June 10, 2023.
MICRO WTI CRUDE OIL JULY 2023 (NYMEX:QMCL.N23)
Strong Downtrend (-100) - QMCL.N23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMCL.N23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMCL.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QMCL.N23
The long-term trend has been DOWN since May 4th, 2023 at 64.77
The intermediate-term trend has been DOWN since Apr 25th, 2023 at 76.50
The short-term trend has been DOWN since Jun 8th, 2023 at 71.46
Smart Scan Analysis for QMCL.N23
Based on our trend formula, QMCL.N23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 70.94 | 71.78 | 70.10 | 70.32 | -0.97 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.29 | 79386 | 70.28 | 70.40 | 2023-06-09 16:59:59 |
| 52wk High | 87.3 | 52wk High Date | 2022-08-29 |
| 52wk Low | 63.4 | 52wk Low Date | 2023-05-03 |
| Volatility | 34.96 | Expiration | 2023-06-16 |