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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.

NYMEX_QRB.N23
Open High Low QRB.N23 Price Change
2.6421 2.6822 2.5362 2.5599 -0.0813
Entry Signal

MarketClub’s Trade Triangles for QRB.N23

long term down The long-term trend has been DOWN since May 3rd, 2023 at 2.2892

intermediate term up The intermediate-term trend has been UP since May 22nd, 2023 at 2.5525

short term up 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).

+60
Smart Scan Analysis for QRB.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6421 2.6822 2.5362 2.5599 -0.0813
Prev. Close Volume Bid Ask Time
2.6412 65121 2.5599 2.5610 2023-06-08 12:42:05
52wk High2.97852wk High Date2022-06-10
52wk Low1.467852wk Low Date2020-12-03
Volatility31.46Expiration2023-06-30
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