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Prepared for you on Friday, May 20, 2022.

RBOB GASOLINE JUN 22/OCT 22 (NYMEX:QRB.M22-QRB.V22)

Long-Term Downtrend (-90) - QRB.M22-QRB.V22 is in a strong downtrend that is likely to continue. While QRB.M22-QRB.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 QRB.M22-QRB.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.M22-QRB.V22.

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

NYMEX_QRB.M22-QRB.V22
Open High Low QRB.M22-QRB.V22 Price Change
0.6217 0.6934 0.6217 0.6919 +0.0243
Entry Signal

MarketClub’s Trade Triangles for QRB.M22-QRB.V22

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.M22-QRB.V22

Based on our trend formula, QRB.M22-QRB.V22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.M22-QRB.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6217 0.6934 0.6217 0.6919 +0.0243
Prev. Close Volume Bid Ask Time
0.7305 43 0.7292 0.7316 2022-05-19 12:28:22
52wk High0.812852wk High Date2022-05-17
52wk Low0.137552wk Low Date2020-12-10
Expiration2022-05-31
Get a free daily analysis and signals for RBOB GASOLINE JUN 22/OCT 22 (QRB.M22-QRB.V22) - Request Your Free Report.