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Future Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

RBOB GASOLINE MAY 2023 (NYMEX:QRB.K23)

Crossroads (-60) - QRB.K23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QRB.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.K23.

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

NYMEX_QRB.K23
Open High Low QRB.K23 Price Change
2.8570 2.8578 2.8570 2.8578 +0.0017
Entry Signal

MarketClub’s Trade Triangles for QRB.K23

long term up The long-term trend has been UP since Jan 11th, 2022 at 2.2531

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 2.8678

short term down The short-term trend has been DOWN since Jun 15th, 2022 at 3.0717

Smart Scan Analysis for QRB.K23

Based on our trend formula, QRB.K23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QRB.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8570 2.8578 2.8570 2.8578 +0.0017
Prev. Close Volume Bid Ask Time
2.9350 64 2.8568 2.8641 2022-06-27 09:27:57
52wk High3.143252wk High Date2022-06-14
52wk Low1.235852wk Low Date2020-05-06
Volatility35.75Expiration2023-04-28
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