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Prepared for you on Thursday, May 19, 2022.

COAL (API 2) CIF ARA JAN 23/JUL 23 (NYMEX:QMTF.F23-QMTF.N23)

Long-Term Downtrend (-90) - QMTF.F23-QMTF.N23 is in a strong downtrend that is likely to continue. While QMTF.F23-QMTF.N23 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 QMTF.F23-QMTF.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.F23-QMTF.N23.

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

NYMEX_QMTF.F23-QMTF.N23
Open High Low QMTF.F23-QMTF.N23 Price Change
41.25 41.25 41.25 41.25 0.00
Entry Signal

MarketClub’s Trade Triangles for QMTF.F23-QMTF.N23

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 QMTF.F23-QMTF.N23

Based on our trend formula, QMTF.F23-QMTF.N23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMTF.F23-QMTF.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.25 41.25 41.25 41.25 0.00
Prev. Close Volume Bid Ask Time
41.25 0 2022-05-18 00:00:00
Expiration2023-01-27
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