Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

FREIGHT ROUTE TC2 (BALTIC) Dec 2024 (NYMEX:QTM.Z24)

Bull Market Weakness (+75) - QTM.Z24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QTM.Z24 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QTM.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.Z24.

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

NYMEX_QTM.Z24
Open High Low QTM.Z24 Price Change
18.612 18.612 18.612 18.612 0.000
Entry Signal

MarketClub’s Trade Triangles for QTM.Z24

long term up The long-term trend has been UP since Feb 23rd, 2021 at 16.006

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2021 at 17.149

short term up The short-term trend has been UP since Sep 1st, 2021 at 17.142

Smart Scan Analysis for QTM.Z24

Based on our trend formula, QTM.Z24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QTM.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.612 18.612 18.612 18.612 0.000
Prev. Close Volume Bid Ask Time
18.612 0 2021-12-03 00:00:00
Volatility7.63Expiration2024-12-24
Get a free daily analysis and signals for FREIGHT ROUTE TC2 (BALTIC) Dec 2024 (QTM.Z24) - Request Your Free Report.