Future Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
MICRO NEW YORK HARBOR ULSD APRIL 2023 (NYMEX:QMHO.J23)
Long-Term Downtrend (-90) - QMHO.J23 is in a strong downtrend that is likely to continue. While QMHO.J23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMHO.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMHO.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMHO.J23
The long-term trend has been DOWN since Sep 27th, 2022 at 2.9651
The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 2.8395
The short-term trend has been DOWN since Mar 7th, 2023 at 2.8738
Smart Scan Analysis for QMHO.J23
Based on our trend formula, QMHO.J23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.749||52wk High Date||2023-03-13|
|52wk Low||2.6473||52wk Low Date||2023-03-10|