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Spread Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
RBOB GASOLINE MAY 23/MAY 24 (NYMEX:QRB.K23-QRB.K24)
Long-Term Downtrend (-90) - QRB.K23-QRB.K24 is in a strong downtrend that is likely to continue. While QRB.K23-QRB.K24 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.K23-QRB.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.K23-QRB.K24.
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 QRB.K23-QRB.K24
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 QRB.K23-QRB.K24
Based on our trend formula, QRB.K23-QRB.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0338 | 0.0338 | 0.0338 | 0.0338 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0354 | 0 | 2021-04-20 00:00:00 |
| Expiration | 2023-04-28 |