Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

RBOB GASOLINE APR 22/MAY 22 (NYMEX:QRB.J22-QRB.K22)

Long-Term Downtrend (-90) - QRB.J22-QRB.K22 is in a strong downtrend that is likely to continue. While QRB.J22-QRB.K22 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 QRB.J22-QRB.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.J22-QRB.K22.

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

NYMEX_QRB.J22-QRB.K22
Open High Low QRB.J22-QRB.K22 Price Change
0.0004 0.0004 0.0004 0.0009 +0.0005
Entry Signal

MarketClub’s Trade Triangles for QRB.J22-QRB.K22

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 QRB.J22-QRB.K22

Based on our trend formula, QRB.J22-QRB.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.J22-QRB.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0004 0.0004 0.0004 0.0009 +0.0005
Prev. Close Volume Bid Ask Time
0.0004 0 -0.0004 0.0024 2021-05-17 15:32:32
52wk High0.003852wk High Date2021-04-23
52wk Low-0.021552wk Low Date2020-11-16
Expiration2022-03-31
Get a free daily analysis and signals for RBOB GASOLINE APR 22/MAY 22 (QRB.J22-QRB.K22) - Request Your Free Report.