Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, August 20, 2022.

CRUDE OIL Mar 2023 (NYMEX:QCL.H23)

Strong Downtrend (-100) - QCL.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.H23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCL.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.H23.

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

NYMEX_QCL.H23
Open High Low QCL.H23 Price Change
86.36 86.36 85.97 85.98 -0.90
Entry Signal

MarketClub’s Trade Triangles for QCL.H23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 85.91

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 94.69

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 83.77

Smart Scan Analysis for QCL.H23

Based on our trend formula, QCL.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QCL.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.36 86.36 85.97 85.98 -0.90
Prev. Close Volume Bid Ask Time
86.88 1266 85.88 85.92 2022-08-19 03:22:19
52wk High104.952wk High Date2022-06-08
52wk Low40.2352wk Low Date2020-05-18
Volatility39.53Expiration2023-02-21
Get a free daily analysis and signals for CRUDE OIL Mar 2023 (QCL.H23) - Request Your Free Report.