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Future Trend Analysis Report

Prepared for you on Monday, September 21, 2020.

RBOB GASOLINE OCTOBER 2020 (NYMEX:QRB.V20)

Sidelines Mode (-50) - QRB.V20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QRB.V20 can gain momentum.

Is it time to buy, sell, or avoid QRB.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.V20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QRB.V20
Open High Low QRB.V20 Price Change
1.1863 1.1876 1.1837 1.1847 +0.0076
Entry Signal

MarketClub’s Trade Triangles for QRB.V20

long term up The long-term trend has been UP since Aug 16th, 2020 at 1.2122

intermediate term down The intermediate-term trend has been DOWN since Sep 6th, 2020 at 1.1557

short term down The short-term trend has been DOWN since Sep 21st, 2020 at 1.2114

Smart Scan Analysis for QRB.V20

Based on our trend formula, QRB.V20 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for QRB.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1863 1.1876 1.1837 1.1847 +0.0076
Prev. Close Volume Bid Ask Time
1.1771 378 1.1847 1.1848 2020-09-21 20:58:05
52wk High1.73652wk High Date2020-01-07
52wk Low0.600252wk Low Date2020-04-22
Volatility40.3Expiration2020-09-30
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