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Prepared for you on Thursday, May 19, 2022.

RBOB GASOLINE JUL 23/OCT 25 (NYMEX:QRB.N23-QRB.V25)

Long-Term Downtrend (-90) - QRB.N23-QRB.V25 is in a strong downtrend that is likely to continue. While QRB.N23-QRB.V25 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.N23-QRB.V25?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.N23-QRB.V25.

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

NYMEX_QRB.N23-QRB.V25
Open High Low QRB.N23-QRB.V25 Price Change
0.5402 0.5402 0.5402 0.5402 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.N23-QRB.V25

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.N23-QRB.V25

Based on our trend formula, QRB.N23-QRB.V25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.N23-QRB.V25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5402 0.5402 0.5402 0.5402 0.0000
Prev. Close Volume Bid Ask Time
0.5402 0 2022-05-17 00:00:00
Expiration2023-06-30
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