Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
MINI SINGAPORE GASOIL 500 PPM (PLATTS) May 2023 (NYMEX:QMGO.K23)
Countertrend Up (+85) - QMGO.K23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QMGO.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMGO.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMGO.K23
The long-term trend has been UP since Sep 30th, 2021 at 74.466
The intermediate-term trend has been UP since Aug 27th, 2021 at 72.127
The short-term trend has been UP since Sep 2nd, 2021 at 72.751
Smart Scan Analysis for QMGO.K23
Based on our trend formula, QMGO.K23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).