Free Daily Analysis
Spread Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
COAL (API 2) CIF ARA AUG 22/OCT 22 (NYMEX:QMTF.Q22-QMTF.V22)
Long-Term Downtrend (-90) - QMTF.Q22-QMTF.V22 is in a strong downtrend that is likely to continue. While QMTF.Q22-QMTF.V22 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.Q22-QMTF.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.Q22-QMTF.V22.
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 QMTF.Q22-QMTF.V22
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 QMTF.Q22-QMTF.V22
Based on our trend formula, QMTF.Q22-QMTF.V22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.25 | 26.25 | 26.25 | 26.25 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.35 | 0 | 2022-08-03 00:00:00 |
| Expiration | 2022-08-26 |