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.
MarketClub’s Trade Triangles for QRB.K23
The long-term trend has been UP since Jan 11th, 2022 at 2.2531
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 2.8678
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).
|52wk High||3.1432||52wk High Date||2022-06-14|
|52wk Low||1.2358||52wk Low Date||2020-05-06|