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Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
NY HARBOR ULSD HEATING OIL Jul 2021 (NYMEX:HO.N21)
Long-Term Uptrend (+90) - HO.N21 is in a strong uptrend that is likely to continue. While HO.N21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HO.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.N21.
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 HO.N21
The long-term trend has been UP since Nov 25th, 2020 at 1.4178
The intermediate-term trend has been UP since Apr 14th, 2021 at 1.8403
The short-term trend has been UP since Apr 23rd, 2021 at 1.8796
Smart Scan Analysis for HO.N21
Based on our trend formula, HO.N21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.9938 | 2.0120 | 1.9815 | 1.9940 | -0.0003 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.9943 | 14483 | 2021-05-06 15:31:27 |
| Contract High | 2.2875 | Contract High Date | 2018-10-03 |
| Contract Low | 1.8941 | Contract Low Date | 2018-11-23 |
| First Delivery | 2021-07-29 | Expiration | 2021-06-30 |
| Open Time | 09:00 | Close Time | 14:30 |