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Spread Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
MICRO WTI CRUDE OIL JUL 22/JAN 23 (NYMEX:QMCL.N22-QMCL.F23)
Strong Downtrend (-100) - QMCL.N22-QMCL.F23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMCL.N22-QMCL.F23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMCL.N22-QMCL.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.N22-QMCL.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QMCL.N22-QMCL.F23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QMCL.N22-QMCL.F23
Based on our trend formula, QMCL.N22-QMCL.F23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.59 | 13.59 | 13.59 | 14.50 | +0.91 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.45 | 0 | -0.51 | 22.38 | 2022-05-23 14:25:23 |
| 52wk High | 14.92 | 52wk High Date | 2022-05-19 |
| 52wk Low | 7.8 | 52wk Low Date | 2022-04-26 |
| Expiration | 2022-06-17 |