Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
CRUDE OIL MAY 2021 (NYMEX:QCL.K21)
Strong Uptrend (+100) - QCL.K21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QCL.K21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QCL.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.K21
The long-term trend has been UP since Nov 24th, 2020 at 45.42
The intermediate-term trend has been UP since Nov 10th, 2020 at 43.01
The short-term trend has been UP since Nov 3rd, 2020 at 40.37
Smart Scan Analysis for QCL.K21
Based on our trend formula, QCL.K21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||58.45||52wk High Date||2019-04-25|
|52wk Low||29||52wk Low Date||2020-04-22|