Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
RBOB GASOLINE SEPTEMBER 2021 (NYMEX:QRB.U21)
Long-Term Uptrend (+90) - QRB.U21 is in a strong uptrend that is likely to continue. While QRB.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QRB.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.U21
The long-term trend has been UP since Nov 25th, 2020 at 1.3800
The intermediate-term trend has been UP since Nov 11th, 2020 at 1.3030
The short-term trend has been UP since Apr 27th, 2021 at 1.9604
Smart Scan Analysis for QRB.U21
Based on our trend formula, QRB.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.1091||52wk High Date||2021-05-05|
|52wk Low||0.95||52wk Low Date||2020-03-19|