Future Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
RBOB GASOLINE Apr 2020 (NYMEX:QRB.J20)
Sidelines Mode (-55) - QRB.J20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QRB.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.J20
The long-term trend has been DOWN since Feb 2nd, 2020 at 1.6661
The intermediate-term trend has been UP since Feb 17th, 2020 at 1.7421
The short-term trend has been DOWN since Feb 21st, 2020 at 1.7357
Smart Scan Analysis for QRB.J20
Based on our trend formula, QRB.J20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.9862||52wk High Date||2020-01-07|
|52wk Low||1.5494||52wk Low Date||2017-06-21|