Future Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
COAL (API 2) CIF ARA Jan 2021 (NYMEX:QMTF.F21)
Long-Term Uptrend (+90) - QMTF.F21 is in a strong uptrend that is likely to continue. While QMTF.F21 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 QMTF.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.F21
The long-term trend has been UP since Jul 2nd, 2020 at 54.70
The intermediate-term trend has been UP since Nov 23rd, 2020 at 55.25
The short-term trend has been UP since Nov 23rd, 2020 at 54.65
Smart Scan Analysis for QMTF.F21
Based on our trend formula, QMTF.F21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||56.75||52wk High Date||2020-11-24|
|52wk Low||54.65||52wk Low Date||2020-11-19|