Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
MINI 3.5% FUEL OIL CARGOES FOB MED OCTOBER 2024 (NYMEX:QMMF.V24)
Long-Term Downtrend (-90) - QMMF.V24 is in a strong downtrend that is likely to continue. While QMMF.V24 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 QMMF.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMMF.V24.
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 QMMF.V24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QMMF.V24
Based on our trend formula, QMMF.V24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 468.8 | 468.8 | 468.8 | 468.8 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 468.8 | 0 | 2022-05-26 00:00:00 |
| Volatility | 47.26 | Expiration | 2024-10-31 |