Analyze Symbol
Future Trend Analysis Report
Prepared for you on Monday, December 9, 2019.
NY HARBOR ULSD HEATING OIL Jun 2021 (NYMEX:HO.M21)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for HO.M21
The long term trend has been DOWN since Nov 13th, 2018 at 2.0458
The intermediate term trend has been UP since Oct 22nd, 2019 at 1.7959
The short term trend has been UP since Dec 5th, 2019 at 1.8307
Smart Scan Analysis for HO.M21
Based on a pre-defined weighted trend formula for chart analysis, HO.M21 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8368 | 1.8381 | 1.8368 | 1.8479 | +0.0074 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8625 | 83 | 2019-12-05 15:29:54 |
| Contract High | 2.2955 | Contract High Date | 2018-10-03 |
| Contract Low | 1.8951 | Contract Low Date | 2018-11-23 |
| First Delivery | 2021-06-29 | Expiration | 2021-05-28 |
| Open Time | 18:00 | Close Time | 17:00 |