Future Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
RBOB GASOLINE JANUARY 2021 (NYMEX:QRB.F21)
Countertrend Up (+85) - QRB.F21 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 QRB.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.F21
The long-term trend has been UP since Nov 11th, 2020 at 1.2270
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.1726
The short-term trend has been DOWN since Nov 30th, 2020 at 1.2439
Smart Scan Analysis for QRB.F21
Based on our trend formula, QRB.F21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.6398||52wk High Date||2020-01-06|
|52wk Low||0.6748||52wk Low Date||2020-04-22|