Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

MONT BELVIEU NORMAL BUTANE Jun 2023 (NYMEX:QMNB.M23)

Strong Downtrend (-100) - QMNB.M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMNB.M23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QMNB.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMNB.M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QMNB.M23
Open High Low QMNB.M23 Price Change
0.47039 0.47039 0.47039 0.47039 0.00000
Entry Signal

MarketClub’s Trade Triangles for QMNB.M23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMNB.M23

Based on our trend formula, QMNB.M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QMNB.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47039 0.47039 0.47039 0.47039 0.00000
Prev. Close Volume Bid Ask Time
0.47039 0 2023-06-07 00:00:00
Volatility44.37Expiration2023-06-30
Get a free daily analysis and signals for MONT BELVIEU NORMAL BUTANE Jun 2023 (QMNB.M23) - Request Your Free Report.