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.
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).
|52wk High||14.92||52wk High Date||2022-05-19|
|52wk Low||7.8||52wk Low Date||2022-04-26|