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Spread Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
BRENT CRUDE OIL LAST DAY MAY 24/APR 28 (NYMEX:QBZ.K24-QBZ.J28)
Strong Downtrend (-100) - QBZ.K24-QBZ.J28 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBZ.K24-QBZ.J28 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QBZ.K24-QBZ.J28?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.K24-QBZ.J28.
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 QBZ.K24-QBZ.J28
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QBZ.K24-QBZ.J28
Based on our trend formula, QBZ.K24-QBZ.J28 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.59 | 15.59 | 15.59 | 15.59 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.91 | 0 | 2022-05-17 00:00:00 |
| Expiration | 2024-03-28 |