Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Monday, June 27, 2022.

CRUDE OIL SEP 23/DEC 23 (NYMEX:QCL.U23-QCL.Z23)

Strong Downtrend (-100) - QCL.U23-QCL.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.U23-QCL.Z23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCL.U23-QCL.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.U23-QCL.Z23.

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

NYMEX_QCL.U23-QCL.Z23
Open High Low QCL.U23-QCL.Z23 Price Change
2.03 2.10 1.98 2.05 -0.08
Entry Signal

MarketClub’s Trade Triangles for QCL.U23-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.U23-QCL.Z23

Based on our trend formula, QCL.U23-QCL.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QCL.U23-QCL.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.03 2.10 1.98 2.05 -0.08
Prev. Close Volume Bid Ask Time
2.13 105 2.04 2.06 2022-06-27 06:19:54
52wk High3.2752wk High Date2022-06-08
52wk Low-0.2700000052wk Low Date2020-10-01
Expiration2023-08-22
Get a free daily analysis and signals for CRUDE OIL SEP 23/DEC 23 (QCL.U23-QCL.Z23) - Request Your Free Report.