Future Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
MINI SINGAPORE FUEL OIL 380 AUGUST 2022 (NYMEX:QMTS.Q22)
Countertrend Up (+85) - QMTS.Q22 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 QMTS.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTS.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTS.Q22
The long-term trend has been UP since Jan 5th, 2021 at 277.450
The intermediate-term trend has been UP since Aug 27th, 2021 at 371.652
The short-term trend has been UP since Sep 10th, 2021 at 376.295
Smart Scan Analysis for QMTS.Q22
Based on our trend formula, QMTS.Q22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).