Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
CRUDE OIL FEBRUARY 2022 (NYMEX:QCL.G22)
Countertrend Up (+85) - QCL.G22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QCL.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.G22
The long-term trend has been UP since Dec 10th, 2020 at 45.76
The intermediate-term trend has been UP since Nov 23rd, 2020 at 43.56
The short-term trend has been DOWN since Apr 5th, 2021 at 56.12
Smart Scan Analysis for QCL.G22
Based on our trend formula, QCL.G22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||61.5||52wk High Date||2021-03-07|
|52wk Low||33.57||52wk Low Date||2020-04-27|