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Spread Trend Analysis Report
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.
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MarketClub’s Trade Triangles for QRB.M22-QRB.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 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).
| 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 High | 0.8128 | 52wk High Date | 2022-05-17 |
| 52wk Low | 0.1375 | 52wk Low Date | 2020-12-10 |
| Expiration | 2022-05-31 |