Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
RBOB GASOLINE May 2023 (NYMEX:RB.K23)
Sidelines Mode (+55) - RB.K23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RB.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RB.K23
The long-term trend has been UP since Jan 20th, 2023 at 2.7998
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 2.5132
The short-term trend has been UP since Mar 22nd, 2023 at 2.5000
Smart Scan Analysis for RB.K23
Based on our trend formula, RB.K23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5579 | 2.5696 | 2.5347 | 2.5573 | +0.0025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5462 | 5204 | 2023-03-27 06:29:20 |
| Expiration | 2023-04-28 | Open Time | 18:00 |
| Close Time | 17:00 |