Future Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
COAL (API 2) CIF ARA JULY 2020 (NYMEX:QMTF.N20)
Sidelines Mode (+50) - QMTF.N20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QMTF.N20 can gain momentum.
Is it time to buy, sell, or avoid QMTF.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.N20
The long-term trend has been DOWN since Jan 3rd, 2019 at 81.20
The intermediate-term trend has been UP since Jun 1st, 2020 at 44.35
The short-term trend has been UP since Jun 1st, 2020 at 43.55
Smart Scan Analysis for QMTF.N20
Based on our trend formula, QMTF.N20 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||47.4||52wk High Date||2020-06-02|
|52wk Low||42.95||52wk Low Date||2020-05-22|