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Future Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

PALLADIUM JUNE 2023 (NYMEX:QPA.M23)

Strong Downtrend (-100) - QPA.M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QPA.M23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QPA.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QPA.M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QPA.M23
Open High Low QPA.M23 Price Change
1338.0 1338.0 1289.5 1290.0 -53.1
Entry Signal

MarketClub’s Trade Triangles for QPA.M23

long term down The long-term trend has been DOWN since Nov 3rd, 2022 at 1849.8

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2023 at 1405.0

short term down The short-term trend has been DOWN since Jun 8th, 2023 at 1389.0

Smart Scan Analysis for QPA.M23

Based on our trend formula, QPA.M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QPA.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1338.0 1338.0 1289.5 1290.0 -53.1
Prev. Close Volume Bid Ask Time
1343.1 7 1777.0 2023-06-09 12:21:20
52wk High2176.552wk High Date2022-09-20
52wk Low1289.552wk Low Date2023-06-09
Volatility42.6Expiration2023-06-28
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