Future Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
CRUDE OIL May 2024 (NYMEX:QCL.K24)
Crossroads (-60) - QCL.K24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QCL.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.K24
The long-term trend has been DOWN since Nov 8th, 2023 at 75.46
The intermediate-term trend has been UP since Nov 30th, 2023 at 77.65
The short-term trend has been UP since Nov 22nd, 2023 at 77.56
Smart Scan Analysis for QCL.K24
Based on our trend formula, QCL.K24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||84.87||52wk High Date||2023-09-15|
|52wk Low||45.5||52wk Low Date||2020-12-18|