Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
RBOB GASOLINE JUNE 2021 (NYMEX:QRB.M21)
Countertrend Up (+85) - QRB.M21 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.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.M21
The long-term trend has been UP since Nov 25th, 2020 at 1.4163
The intermediate-term trend has been UP since Apr 14th, 2021 at 2.0281
The short-term trend has been DOWN since May 7th, 2021 at 2.1055
Smart Scan Analysis for QRB.M21
Based on our trend formula, QRB.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.1824||52wk High Date||2021-05-05|
|52wk Low||0.8705||52wk Low Date||2020-03-23|