Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
RBOB GASOLINE Dec 2023 (NYMEX:QRB.Z23)
Bear Market Rally (-75) - QRB.Z23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QRB.Z23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QRB.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.Z23
The long-term trend has been DOWN since Nov 8th, 2023 at 2.1455
The intermediate-term trend has been UP since Nov 29th, 2023 at 2.2505
The short-term trend has been DOWN since Nov 30th, 2023 at 2.1949
Smart Scan Analysis for QRB.Z23
Based on our trend formula, QRB.Z23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.6094||52wk High Date||2023-09-15|
|52wk Low||1.2659||52wk Low Date||2020-12-09|