Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
RBOB GASOLINE JULY 2022 (NYMEX:QRB.N22)
Strong Uptrend (+100) - QRB.N22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QRB.N22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QRB.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.N22
The long-term trend has been UP since Jan 11th, 2022 at 2.4256
The intermediate-term trend has been UP since Dec 23rd, 2021 at 2.2375
The short-term trend has been UP since May 25th, 2022 at 3.7252
Smart Scan Analysis for QRB.N22
Based on our trend formula, QRB.N22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.8771||52wk High Date||2022-05-16|
|52wk Low||1.1525||52wk Low Date||2020-05-13|