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Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
NY HARBOR ULSD HEATING OIL Aug 2022 (NYMEX:HO.Q22)
Weak Downtrend (-65) - HO.Q22 is showing signs of a strengthening downtrend. Monitor HO.Q22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HO.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q22.
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.Q22
The long-term trend has been UP since Sep 15th, 2021 at 2.1110
The intermediate-term trend has been DOWN since Jun 28th, 2022 at 4.1368
The short-term trend has been DOWN since Jun 27th, 2022 at 4.1769
Smart Scan Analysis for HO.Q22
Based on our trend formula, HO.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.4296 | 3.4697 | 3.3774 | 3.4342 | +0.0059 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.4283 | 1349 | 2022-07-07 03:19:05 |
| Expiration | 2022-07-29 | Open Time | 09:00 |
| Close Time | 14:30 |
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