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.
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).
|52wk High||0.8128||52wk High Date||2022-05-17|
|52wk Low||0.1375||52wk Low Date||2020-12-10|