Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
FREIGHT ROUTE TC2 (BALTIC) AUGUST 2022 (NYMEX:QTM.Q22)
Long-Term Downtrend (-90) - QTM.Q22 is in a strong downtrend that is likely to continue. While QTM.Q22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QTM.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QTM.Q22
The long-term trend has been DOWN since Jul 19th, 2021 at 16.951
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 17.025
The short-term trend has been DOWN since Sep 3rd, 2021 at 16.676
Smart Scan Analysis for QTM.Q22
Based on our trend formula, QTM.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.915 | 16.915 | 16.915 | 16.915 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.107 | 0 | 2021-12-07 00:00:00 |
| Volatility | 10.38 | Expiration | 2022-08-31 |