Future Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
RBOB GASOLINE Jul 2023 (NYMEX:QRB.N23)
Crossroads (+60) - QRB.N23 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.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.N23
The long-term trend has been DOWN since May 3rd, 2023 at 2.2892
The intermediate-term trend has been UP since May 22nd, 2023 at 2.5525
The short-term trend has been UP since Jun 6th, 2023 at 2.5342
Smart Scan Analysis for QRB.N23
Based on our trend formula, QRB.N23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.978||52wk High Date||2022-06-10|
|52wk Low||1.4678||52wk Low Date||2020-12-03|