Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
NY HARBOR ULSD HEATING OIL Aug 2021 (NYMEX:HO.Q21)
Long-Term Uptrend (+90) - HO.Q21 is in a strong uptrend that is likely to continue. While HO.Q21 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.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q21.
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.Q21
The long-term trend has been UP since Nov 25th, 2020 at 1.4277
The intermediate-term trend has been UP since Apr 12th, 2021 at 1.8432
The short-term trend has been UP since May 9th, 2021 at 2.0172
Smart Scan Analysis for HO.Q21
Based on our trend formula, HO.Q21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.0178 | 2.0206 | 2.0004 | 2.0093 | -0.0088 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.0181 | 515 | 2021-05-11 06:22:02 |
| Contract High | 2.2806 | Contract High Date | 2018-10-03 |
| Contract Low | 1.8933 | Contract Low Date | 2018-11-23 |
| First Delivery | 2021-08-30 | Expiration | 2021-07-30 |
| Open Time | 09:00 | Close Time | 14:30 |