Future Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
COAL (API 2) CIF ARA MAY 2020 (NYMEX:QMTF.K20)
Bull Market Weakness (+75) - QMTF.K20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMTF.K20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMTF.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.K20
The long-term trend has been DOWN since Jan 3rd, 2019 at 82.10
The intermediate-term trend has been UP since Mar 18th, 2020 at 49.15
The short-term trend has been UP since Mar 17th, 2020 at 48.50
Smart Scan Analysis for QMTF.K20
Based on our trend formula, QMTF.K20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||54.6||52wk High Date||2020-03-25|
|52wk Low||50.25||52wk Low Date||2020-03-18|