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Prepared for you on Thursday, August 18, 2022.

CRUDE OIL DEC 24/JUN 25 (NYMEX:QCL.Z24-QCL.M25)

Strong Downtrend (-100) - QCL.Z24-QCL.M25 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.Z24-QCL.M25 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCL.Z24-QCL.M25?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z24-QCL.M25.

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NYMEX_QCL.Z24-QCL.M25
Open High Low QCL.Z24-QCL.M25 Price Change
2.04 2.04 1.96 1.96 +0.05
Entry Signal

MarketClub’s Trade Triangles for QCL.Z24-QCL.M25

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.Z24-QCL.M25

Based on our trend formula, QCL.Z24-QCL.M25 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QCL.Z24-QCL.M25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.04 2.04 1.96 1.96 +0.05
Prev. Close Volume Bid Ask Time
1.91 10 1.95 1.98 2022-08-17 11:14:56
52wk High4.2652wk High Date2022-06-14
52wk Low-0.4900000052wk Low Date2020-07-14
Expiration2024-11-20
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