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Prepared for you on Friday, May 20, 2022.

CRUDE OIL JUL 22/DEC 23 (NYMEX:QCL.N22-QCL.Z23)

Weak Downtrend (-65) - QCL.N22-QCL.Z23 is showing signs of a strengthening downtrend. Monitor QCL.N22-QCL.Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QCL.N22-QCL.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.N22-QCL.Z23.

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

NYMEX_QCL.N22-QCL.Z23
Open High Low QCL.N22-QCL.Z23 Price Change
23.46 25.85 21.39 25.77 +1.53
Entry Signal

MarketClub’s Trade Triangles for QCL.N22-QCL.Z23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QCL.N22-QCL.Z23

Based on our trend formula, QCL.N22-QCL.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QCL.N22-QCL.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.46 25.85 21.39 25.77 +1.53
Prev. Close Volume Bid Ask Time
24.24 480 25.75 25.79 2022-05-19 14:51:54
52wk High29.0252wk High Date2022-03-08
52wk Low4.3652wk Low Date2021-12-06
Expiration2022-06-21
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