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Prepared for you on Sunday, May 29, 2022.

CRUDE OIL SEP 22/DEC 24 (NYMEX:QCL.U22-QCL.Z24)

Long-Term Downtrend (-90) - QCL.U22-QCL.Z24 is in a strong downtrend that is likely to continue. While QCL.U22-QCL.Z24 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.U22-QCL.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.U22-QCL.Z24.

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

NYMEX_QCL.U22-QCL.Z24
Open High Low QCL.U22-QCL.Z24 Price Change
29.53 29.53 29.53 29.81 +0.28
Entry Signal

MarketClub’s Trade Triangles for QCL.U22-QCL.Z24

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.U22-QCL.Z24

Based on our trend formula, QCL.U22-QCL.Z24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.U22-QCL.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.53 29.53 29.53 29.81 +0.28
Prev. Close Volume Bid Ask Time
29.53 0 30.26 30.37 2022-05-26 12:30:29
52wk High29.8152wk High Date2022-05-26
52wk Low7.0752wk Low Date2021-12-21
Expiration2022-08-22
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