Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
MINI GASOLINE EUROBOB OXY NWE BARGES May 2024 (NYMEX:QMEO.K24)
Long-Term Uptrend (+90) - QMEO.K24 is in a strong uptrend that is likely to continue. While QMEO.K24 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 QMEO.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMEO.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMEO.K24
The long-term trend has been UP since Sep 27th, 2021 at 622.316
The intermediate-term trend has been UP since Aug 24th, 2021 at 595.250
The short-term trend has been UP since Sep 10th, 2021 at 607.575
Smart Scan Analysis for QMEO.K24
Based on our trend formula, QMEO.K24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).