Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

CRUDE OIL Jan 2021 (NYMEX:QCL.F21)

Sidelines Mode (-55) - QCL.F21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QCL.F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.F21.

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

NYMEX_QCL.F21
Open High Low QCL.F21 Price Change
41.21 41.73 41.14 41.22 -0.20
Entry Signal

MarketClub’s Trade Triangles for QCL.F21

long term down The long-term trend has been DOWN since Oct 2nd, 2020 at 37.60

intermediate term down The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 42.38

short term up The short-term trend has been UP since Oct 6th, 2020 at 40.33

Smart Scan Analysis for QCL.F21

Based on our trend formula, QCL.F21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QCL.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.21 41.73 41.14 41.22 -0.20
Prev. Close Volume Bid Ask Time
41.42 6500 41.22 41.23 2020-10-19 04:18:35
52wk High65.4352wk High Date2018-09-28
52wk Low26.2252wk Low Date2020-04-22
Volatility34.96Expiration2020-12-21
Get a free daily analysis and signals for CRUDE OIL Jan 2021 (QCL.F21) - Request Your Free Report.