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Future Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
COAL (API 2) CIF ARA Jun 2024 (NYMEX:QMTF.M24)
Countertrend Up (+85) - QMTF.M24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QMTF.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.M24.
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 QMTF.M24
The long-term trend has been UP since Dec 24th, 2020 at 70.3
The intermediate-term trend has been UP since Aug 31st, 2021 at 84.3
The short-term trend has been UP since Sep 28th, 2021 at 91.9
Smart Scan Analysis for QMTF.M24
Based on our trend formula, QMTF.M24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 224.25 | 224.25 | 224.25 | 224.25 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 224.25 | 0 | 2022-08-12 00:00:00 |
| Volatility | 57.39 | Expiration | 2024-06-28 |