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Future Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
RBOB GASOLINE JUNE 2023 (NYMEX:QRB.M23)
Bear Market Rally (-75) - QRB.M23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QRB.M23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QRB.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QRB.M23
The long-term trend has been DOWN since May 3rd, 2023 at 2.3261
The intermediate-term trend has been UP since May 22nd, 2023 at 2.6213
The short-term trend has been DOWN since May 29th, 2023 at 2.6617
Smart Scan Analysis for QRB.M23
Based on our trend formula, QRB.M23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6038 | 2.6057 | 2.5314 | 2.5389 | -0.0570 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5959 | 3422 | 2.5318 | 2.7034 | 2023-05-31 14:29:39 |
| 52wk High | 3.0679 | 52wk High Date | 2022-06-14 |
| 52wk Low | 1.4771 | 52wk Low Date | 2020-12-02 |
| Volatility | 31.3 | Expiration | 2023-05-31 |