Future Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
MICRO WTI CRUDE OIL Oct 2023 (NYMEX:QMCL.V23)
Long-Term Uptrend (+90) - QMCL.V23 is in a strong uptrend that is likely to continue. While QMCL.V23 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 QMCL.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMCL.V23
The long-term trend has been UP since Jul 31st, 2023 at 80.58
The intermediate-term trend has been UP since Sep 1st, 2023 at 84.16
The short-term trend has been UP since Aug 25th, 2023 at 80.38
Smart Scan Analysis for QMCL.V23
Based on our trend formula, QMCL.V23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||93.74||52wk High Date||2023-09-19|
|52wk Low||65.56||52wk Low Date||2023-03-15|