Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
WTI MIDLAND (ARGUS) VS WTI TRADE MONTH AUGUST 2024 (NYMEX:QWTL.Q24)
Bull Market Weakness (+75) - QWTL.Q24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QWTL.Q24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QWTL.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWTL.Q24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QWTL.Q24
The long-term trend has been DOWN since May 11th, 2021 at 0.23
The intermediate-term trend has been UP since Aug 25th, 2021 at 0.07
The short-term trend has been UP since Sep 27th, 2021 at 0.04
Smart Scan Analysis for QWTL.Q24
Based on our trend formula, QWTL.Q24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| -0.22 | -0.22 | -0.22 | -0.22 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| -0.22 | 0 | 2022-08-17 00:00:00 |
| Volatility | 388.07 | Expiration | 2024-07-25 |