Future Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
RBOB GASOLINE MARCH 2021 (NYMEX:QRB.H21)
Long-Term Uptrend (+90) - QRB.H21 is in a strong uptrend that is likely to continue. While QRB.H21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QRB.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.H21
The long-term trend has been UP since Nov 24th, 2020 at 1.2585
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.2000
The short-term trend has been UP since Feb 14th, 2021 at 1.7006
Smart Scan Analysis for QRB.H21
Based on our trend formula, QRB.H21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.904||52wk High Date||2021-02-25|
|52wk Low||0.7329||52wk Low Date||2020-03-24|