Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

CRUDE OIL AUG 23/SEP 23 (NYMEX:QCL.Q23-QCL.U23)

Long-Term Downtrend (-90) - QCL.Q23-QCL.U23 is in a strong downtrend that is likely to continue. While QCL.Q23-QCL.U23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCL.Q23-QCL.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Q23-QCL.U23.

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

NYMEX_QCL.Q23-QCL.U23
Open High Low QCL.Q23-QCL.U23 Price Change
0.84 0.84 0.79 0.80 -0.01
Entry Signal

MarketClub’s Trade Triangles for QCL.Q23-QCL.U23

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.Q23-QCL.U23

Based on our trend formula, QCL.Q23-QCL.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.Q23-QCL.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.84 0.84 0.79 0.80 -0.01
Prev. Close Volume Bid Ask Time
0.81 1025 0.79 0.80 2022-06-28 09:23:42
52wk High1.1952wk High Date2022-06-08
52wk Low-0.2000000052wk Low Date2020-05-08
Expiration2023-07-20
Get a free daily analysis and signals for CRUDE OIL AUG 23/SEP 23 (QCL.Q23-QCL.U23) - Request Your Free Report.